Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Air New Zealand Limited ( (ANZFF) ) has shared an update.
Air New Zealand has announced the initiation of a share buy-back program, set to commence on 7 March 2025, with a maximum purchase value of NZ$100 million and up to 343,720,838 ordinary shares. This program is structured to include both on-market and off-market acquisitions, ensuring the Crown’s shareholding is maintained. Shares repurchased will be canceled, reducing the total number outstanding. The initiative represents a strategic move to manage capital and influence share valuation, while continuing to evaluate market conditions and other relevant factors. The program can be suspended or terminated by the company at any time.
More about Air New Zealand Limited
Air New Zealand Limited is a major airline operating in the aviation industry, primarily focusing on passenger and cargo air transportation services across domestic and international markets. The company is publicly traded on the New Zealand and Australian stock exchanges.
YTD Price Performance: 6.76%
Average Trading Volume: 7,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.22B
For a thorough assessment of ANZFF stock, go to TipRanks’ Stock Analysis page.
