Air New Zealand Buys Back Over 150,000 Ordinary Shares

MT Newswires Live

Nov 19

Air New Zealand (ASX:AIZ, NZE:AIR) bought back 150,983 ordinary shares, according to a Wednesday filing with the Australian and New Zealand bourses.

The company repurchased 73,970 shares on the Australian Stock Exchange at an average of AU$0.54 each, and about 77,013 shares from the Sovereign through the Minister of Finance at NZ$0.6195 each, the filing said.

The company now has 3.24 billion ordinary shares in issue and 93 shares held as treasury stock.

The airline's Australian and Kiwi shares each shed 1% in recent Wednesday trade.

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