Qantas appoints brokers for share buy-back
Qantas today announced that it had appointed Citigroup Global Markets Australia Pty Limited (Citi) and [surprise, surprise!] UBS AG, Australia Branch (UBS) to undertake the on-market buy-back of approximately 10 per cent of its shares.
Qantas CFO Peter Gregg said the buy-back, which was announced on 16 August, was expected to commence in September after relevant approvals had been completed.
He said the duration of the buy-back would depend on market conditions and any governance issues that might arise during the buy-back.
Report by The Mole
John Alwyn-Jones
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Phocuswright reveals the world's largest travel markets in volume in 2025
Strike action set to cause travel chaos at Brussels airports