New Zealand Rural Land Company Limited (NZL) has acquired a further 52,676 ordinary shares under the on-market share buyback programme announced to the market on 26 May 2023.
That brings the total shares acquired to in the programme to 359,003. NZL may buy back up to a further 4,990,997 shares.
Trading was extended as 335.4 million shares worth $1.93 billion changed hands.
A soft NZ dollar and economic pressures had a notable impact, but the CEOs are optimistic.
The small-cap aged care services company's shares have lifted 57% this year.
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