Please see attached a capital change notice in relation to the buyback of 52,676 ordinary shares in New Zealand Rural Land Company Limited (NZX.NZL) under the on-market share buyback programme announced to the market on 26 May 2023.
NZL has acquired a total of 359,003 shares under the on-market share buyback programme and may acquire up to a further 4,990,997 shares under this programme.
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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