Business
Qantas share price higher despite share purchase plan flop – Motley Fool Australia
The Qantas Airways Limited (ASX:QAN) share price is pushing higher despite raising just $71.7 million from a $500 million share purchase plan…
The Qantas Airways Limited(ASX: QAN) share price is pushing higher on Monday morning following an update on its share purchase plan.
At the time of writing the airline operator’s shares are up 2% to $3.39.
What did Qantas announce?
This morning Qantas provided the market with an update on its share purchase plan. This follows the successful completion of its $1,360 million fully underwritten placement at the end of June.
Those funds were raised at $3.65 per share after the airline received h…
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