Australian rail freight operator Aurizon gains on announcing share buyback
BUZZ-Australian rail freight operator Aurizon gains on announcing share buyback ** Rail freight operator Aurizon's AZJ.AX shares jump as much as 4.3% to A$3.85, strongest intraday gain since February 16
** Stock poised for third straight session of gains
** AZJ launchesan on-market share buyback of up to A$250 million ($178.82 million), buyback funded via existing debt capacity
** Stock last up 1.9%, lifting YTD gain to 3%
($1 = 1.3980 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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