Air New Zealand Buys Back 635,442 Shares for Cancelation

MT Newswires Live

03-27

Air New Zealand (ASX:AIZ, NZE:AIR) repurchased 635,442 ordinary shares under an on-market and off-market buyback program, according to a Thursday filing with the New Zealand and Australian bourses.

The company acquired 264,778 ordinary shares on New Zealand's Stock Exchange at an average price of NZ$0.6263 per share and 46,589 ordinary shares on the Australian Securities Exchange for an average price of AU$0.5681. It also acquired 324,075 shares from the finance minister for NZ$0.626 apiece.

The acquired shares will be canceled.

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