Please see attached a capital change notice in relation to the buyback of 47,942 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 504,269 shares under the on-market share buyback programme and may acquire up to a further 4,845,731 shares under this programme.
A gain in Ebos and expectations of lower interest rates have boosted NZ stocks.
High Court Justice Sally Fitzgerald released a 45-page judgment on Thursday.
Analysts are anticipating the week will end with significant volume and volatility.
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