South Pac Share and Oil Price Weekly Update

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:

Source: ASK (Prices in AUD)

Indexed:

Non-Indexed:

Key news stories of the week

Qantas Airways

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. Last week’s buy back included:

  • 07-May-2018: 591,728 shares for a total consideration of AUD3.6 million (USD2.7 million);
  • 08-May-2018: 336,462 shares for a total consideration of AUD2.1 million (USD1.6 million);
  • 09-May-2018: 1,120,594 shares for a total consideration of AUD7.0 million (USD5.3 million);
  • 10-May-2018: 667,768 shares for a total consideration of AUD4.2 million (USD3.2 million);
  • 11-May-2018: 1,382,955 shares for a total consideration of AUD8.5 million (USD6.4 million).

The carrier has approx. AUD160 million (USD119.3 million) remaining under its share buy back authorisation.

Oil Prices Update