Qantas Plans $100M Share Buyback to Reduce Debt

Qantas Airways Ltd., Australia’s largest carrier, rose the most in more than two months after saying it would buy as much as A$100 million ($104 million) of its own shares with cash from cutting a Boeing Co. order.

Full Show: Bloomberg Daybreak: Americas (01/13)
57:05 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include George Goncalves, head of U.S. rates research at Nomura, Harvard University Professor Nicholas Burns, Brad Bechtel, FX strategist at Jefferies, Steven Ricchiuto, chief economist at Mizuho Securities Steve Rattner, chairman at Willett Advisors, Paul Miller, banking analyst at FBR Capital Markets, Julian Emanuel U.S. equity and derivatives strategist at UBS Securities, Blair Effron, co-founder at Centerview Partners, and David George, senior research analyst at Robert W. Baird. (Source: Bloomberg)
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