Air New Zealand has updated its ASX Appendix 3A.1 form to include the Australian dollar equivalent of the total dividend per security and the foreign exchange rate.
The foreign exchange rate for the special dividend payment to Australian investors on September 21, 2023, has been set at 0.9164 (1 NZD is equivalent to 0.9164 AUD).
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The business is reportedly being hit hard by increasing air freight industry competition.
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