Acquisition of Ordinary Shares
This notice is given under NZX Listing Rule 3.13.1 and 65(2) of the Companies Act 1993, and relates to the acquisition of ordinary shares in NZME Limited under the on-market share buy-back programme announced by NZME Limited in December 2021.
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The retailer has raised the possibility of a full-year earnings loss.
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
"We’ve continued to lag relative to other markets," analyst says.
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