Fonterra to buy back own shares worth $50m
Dairy cooperative Fonterra is to buy back up to $50 million worth of its own shares because the price is too low.
Stay updated with breaking news from Peter Mcbride. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dairy cooperative Fonterra is to buy back up to $50 million worth of its own shares because the price is too low.
Pacific Scoop provides news and views from the Pacific and New Zealand
Fonterra said it plans to spend up to $50 million on buying back its own shares from June 30. The move is in reaction to the steep decline in the share pri
Fonterra has announced a 50-million dollar share buyback
Australian shares to open higher; Platinum reports $209m of outflows in May; Boral appoints Vik Bansal as CEO; Fonterra announces $50m buyback; oil prices at 2-month highs; UBS sees potential rate cuts in 2H 2023. Follow updates here.