ANZ announces stake buy-back

Victoria
By Victoria September 28, 2012 14:51

ANZ announces stake buy-back

Air New Zealand (ANZ) has announced plans to buy back its shares on the New Zealand and Australian stock exchanges as it believes its current share price is undervalued. The carrier will acquire up to 3%, or over 33 million, of its ordinary shares. The airline’s shares rose by 6.4% on the news.

Victoria
By Victoria September 28, 2012 14:51
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