Monday, 24 July 2017

Spark NZ plans NZ$100m share buyback

By Mary Lennighan, Total Telecom, in Singapore
Tuesday 02 June 15

New Zealand operator gears up balance sheet after divestments; announces trials of new rural Internet product.

New Zealand's Spark on Tuesday announced that it will buy back up to NZ$100 million worth of shares during the course of this year to shore up its balance sheet in the wake of asset sales. The telco said it will buy back up to 40 million ordinary shares…

New Zealand's Spark on Tuesday announced that it will buy back up to NZ$100 million worth of shares during the course of this year to shore up its balance sheet in the wake of asset sales. The telco said it will buy back up to 40 million ordinary shares…

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