The latest announcement is out from Air New Zealand Limited ( (ANZFF) ).
Air New Zealand Limited has announced the acquisition of 693,181 ordinary shares as part of its share buy-back program, which includes both on-market and off-market transactions. This strategic move, approved by the board, involves acquiring shares from the NZX, ASX, and the New Zealand government, with the aim of enhancing shareholder value and optimizing capital structure, reflecting the company’s proactive approach to managing its financial resources.
More about Air New Zealand Limited
Air New Zealand Limited operates in the airline industry, providing air travel services primarily in New Zealand and internationally. The company is listed on the NZX and ASX, focusing on passenger and cargo transport services.
YTD Price Performance: 21.41%
Average Trading Volume: 9,067
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.15B
See more data about ANZFF stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com