Air New Zealand (ASX:AIZ, NZE:AIR) bought back 986,777 of its ordinary shares, according to a Friday filing with the Australian and New Zealand bourses.
The company repurchased 390,475 ordinary shares on NZX at an average price of NZ$0.6108; 92,969 ordinary shares on ASX at AU$0.5596 apiece; and 503,333 ordinary shares acquired off-market from the sovereign through the Minister of Finance at NZ$0.6108 each, the filing stated.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.