Market Alert: Strong Nuclear Tensions in South Asia Assessing the Fallout on Global Equity Markets
Air New Zealand (NZX: AIR) has announced a share buyback of up to $100 million, aiming to repurchase approximately 160 million shares based on its closing price of 62.5 cents on Wednesday. Chair Dame Therese Walsh stated that the airline’s solid financial position allows it to navigate short-term challenges while continuing to invest in future growth and return capital to shareholders. The buyback reflects Air New Zealand’s confidence in its long-term strategy and commitment to enhancing shareholder value.
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