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)

    Key news stories of the week

    Qantas Airways

    Qantas continued its share buy back, announced at the recent full year results meeting. The carrier plans on completing a AUD328 million (USD237 million) share repurchase allocation. Last week’s buy back included:

    • 08-Oct-2018: 1,255,687 shares for a total consideration of AUD7.1 million (USD5.0 million);
    • 09-Oct-2018: 684,255 shares for a total consideration of AUD3.8 million (USD2.7 million);
    • 10-Oct-2018: 1,123,083 shares for a total consideration of AUD6.1 million (USD4.3 million).
    • 11-Oct-2018: 1,710,910 shares for a total consideration of AUD9.3 million (USD6.6 million).
    • 12-Oct-2018: 1,566,721 shares for a total consideration of AUD8.3 million (USD5.9 million).

    Oil Prices Update