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

IAG Cargo notes “strong” start to the year in Q1 2021 results

By Rachelle Harry

IAG Cargo has recorded a year-on-year increase in revenues in the first quarter of this year, which it attributed to…

Read More

Share this story

A year of cargo-in-the-cabin flights at Emirates SkyCargo

By Rachelle Harry

Emirates SkyCargo has marked its one-year anniversary of carrying PPE and other vital cargo in the cabins of its Boeing…

Read More

Share this story

Magma Aviation adds another B747 freighter

By Damian Brett

Magma Aviation is adding an extra Boeing B747 freighter aircraft to its fleet in response to growing demand. The UK-based…

Read More

Share this story