Page 16 - Peter Mcbride News Today

Shrinking milk supply has dairy giant pondering its best options for survival.

Federated Farmers dairy industry group chair Wayne Langford said it was "the beginning of a fairly long and extensive review" for Fonterra owners. But it was good to see the company front-footing issues like milk supply and ownership, "as well future farm succession and young farmers coming into the co-op". Supplied Fonterra is considering a radical revamp of its capital structure which would keep farmers in control. Troubled by forecasts of a stagnant or falling milk supply, the board’s p...

Proposals expected to address milk supply loss and high cost of entry.

Fonterra unveils new capital structure options, shareholders fund could go 5 May, 2021 08:43 PM 6 minutes to read Fonterra has announced a raft of changes to its capital structure. Photo / NZ Herald Fonterra directors are proposing an easier entry for farmers to the big dairy cooperative and either axing or capping through a buy-back the listed Fonterra Shareholders Fund to protect farmer ownership and control. This is the preference of the board of New Zealands biggest company after a major re...

Press Release – Fonterra Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility. To allow its farmers to have open conversations and consider all options … Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility. To allow its farmers to have o...

Options for new co-op structure include reducing farmer share requirement. Dairy co-op Fonterra has announced details of potential changes to its capital structure, including reducing requirement for farmers to own one share for each kg of milk solids they supply.   Choose your best value subscription option here. Already have an account? Login

Dairy giant Fonterra has laid out a range of options to strengthen its financial structure, but remains committed to co-operative ownership. Chairperson Peter McBride says the capital structure review aimed to ensure the sustainability of the co-operative into the future. Photo: RNZ / Rebekah Parsons-King The countrys biggest company said the aim was to balance farmer ownership, milk supply, and secure its financial future. Among the options put out were dual share structures to allow outside ...

Dairy farmers have six months to decide on a capital restructure for Fonterra Dairy farmers have six months to decide on a capital restructure for Fonterra 6 May 2021 Options include buying back the Fonterra Shareholders Fund, which has been capped in the meantime. The co-ops chief financial officer, Marc Rivers, says the board will get feedback from farmers around the country from next week. He says the aim is to decide on a preferred option that can be voted on at the Annual General Meeti...

Thursday, 6 May 2021, 9:27 am Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility. To allow its farmers to have open conversations and consider all options during consultation, the  Co-operative is temporarily capping the size of the Fonterra Shareholders’ Fund (the Fund) by suspending shares in the Fonterra Shareholders’ Market (FSM) from being exchanged into ...

Dairy farmers have six months to decide on a capital restructure for Fonterra Dairy farmers have six months to decide on a capital restructure for Fonterra 6 May 2021 Options include buying back the Fonterra Shareholders Fund, which has been capped in the meantime. The co-ops chief financial officer, Marc Rivers, says the board will get feedback from farmers around the country from next week. He says the aim is to decide on a preferred option that can be voted on at the Annual General Meeti...