Air New Zealand Buys Back Over 700,000 Ordinary Shares for Cancellation

MT Newswires Live

04-23

Air New Zealand (NZE:AIR, ASX:AIZ) repurchased for cancellation 703,452 ordinary shares, according to a Wednesday filing with the New Zealand and Australian bourses.

The company acquired 252,780 ordinary shares on New Zealand's Stock Exchange at an average price of NZ$0.5711 and 91,857 ordinary shares on the Australian Securities Exchange at an average price of AU$0.531.

Additionally, the company bought back 358,815 ordinary shares off-market from the finance minister at an average price of NZ$0.5703.

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