Infratil approves acquisition on behalf of Morrison & Co

Infratil advises that it has approved the on-market acquisition of up to $40 million of Infratil shares on behalf of Morrison & Co. The shares will be acquired on market pursuant to a fixed trading plan.

Approval for the acquisition was obtained by Morrison & Co in accordance with Infratil’s Financial Product Trading Policy.

The Infratil board approved a similar fixed trading plan in favour of Morrison & Co in February 2022 which was also for $40 million and was completed in May 2022.

Alison Gerry, Infratil’s Chair, said that “the further acquisition of shares by Morrison & Co is a vote of confidence in Infratil’s continued performance”.

Infratil approves acquisition on behalf of Morrison & Co

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