Qantas Airways Launches New Share Buy-Back

Qantas Airways Limited (AU:QAN) has released an update.

Qantas Airways Limited has announced a new on-market buy-back of its ordinary fully paid shares, as detailed in their recent notification to the market. The announcement, dated 29th August 2024, signifies the airline’s latest financial strategy to re-acquire its stock. This decision may indicate the company’s confidence in its financial health and future prospects.

For further insights into AU:QAN stock, check out TipRanks’ Stock Analysis page.