Qantas buys-back USD115.5m of shares up to 23-Oct-2017

    Qantas provided (26-Oct-2017) an update on its share buy-back scheme. On 25-Aug-2017, the carrier announced it would buy-back up to AUD373 million (USD287.2 million ) of shares. Up to 23-Oct-2017, the company had completed AUD150 million (USD115.5 million) of the buy-back, acquiring 24.9 million shares. The total number of shares on issue after cancellation of shares acquired up to 23-Oct-2017 is 1,783.4 million. This represents an 18.8% reduction in shares on issue since 01-Jul-2015. [more – original PR]