Qantas completes share buy-back

The Qantas Group has completed the $500m share buy-back announced at its half year results in February 2016.
Combined with the $505m capital return and associated share consolidation completed on 6 November 2015, Qantas Airways ordinary shares on issue have decreased by 12.6% since 30 June 2015 and the group has now returned over $1bn in surplus capital to shareholders in the last 12 months.
A decision on future capital management initiatives will be announced with the full year results on 24 August.

Share this story

Related Topics

Latest airlines news

Icelandair Group cargo division edges back into operating profit

Icelandair Group has recorded an improvement in its cargo operation, with a return to operating profit in the first quarter….

Read More

Share this story

Serve Air expands its 737 freighter fleet

Serve Air has taken delivery of its second Boeing 737-800SF converted freighter from Aeronautical Engineers, Inc (AEI) as it continues…

Read More

Share this story

IAG Cargo adopts HVO for Heathrow ground vehicles

IAG Cargo is using Hydrotreated Vegetable Oil (HVO) to power its ground vehicles at London Heathrow as part of efforts…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.