Each week the Blue Swan Daily brings you a snap shot of the key share and oil prices related to all things travel and aviation.
Monthly Share Price Snapshot:
Key news stories of the week
Qantas began its share buy back, announced at the recent half year results meeting. The carrier plans on completing a AUD378 million (USD297 million) share repurchase allocation. This has included:
- 843,539 shares for a total consideration of AUD5.0 million (USD4.0 million) on 12-Mar-2018;
- 758,583 shares for a total consideration of AUD4.5 million (USD3.6 million) on 15-Mar-2018
- 2 million shares for a total consideration of AUD8 million (USD6.2 million) on 16-Mar-2018.
Air New Zealand
Air New Zealand announced (12-Mar-2018) former CFO Rob McDonald converted 290,186 rights into ordinary shares and then sold the shares for a consideration of NZD958,456 (USD702,013).
Oil Prices Update