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Air New Zealand Initiates Share Buy-Back Program

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The latest update is out from Air New Zealand Limited ( (ANZFF) ).

Air New Zealand Limited has announced the acquisition of 703,452 ordinary shares as part of its share buy-back program. This initiative, involving both on-market and off-market transactions, aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares.

More about Air New Zealand Limited

Air New Zealand Limited is a prominent airline company operating in the aviation industry. It primarily offers passenger and cargo air transport services, focusing on both domestic and international markets.

YTD Price Performance: 13.55%

Average Trading Volume: 12,178

Technical Sentiment Signal: Hold

Current Market Cap: $1.15B

Learn more about ANZFF stock on TipRanks’ Stock Analysis page.

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