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Wednesday, June 8, 2022
Fonterra announces share buyback programme
Fonterra Co-operative Group Limited (Fonterra) said that it will allocate up to $50 million to an on-market share buyback programme that will commence on June 30, 2022.
Thursday, June 2, 2022
Fonterra provides update on business performance
Fonterra provided an update on its third-quarter performance late last month.
Monday, May 9, 2022
Fonterra revises 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited revisedon May 9 its 2021/22 forecast Farmgate Milk Price range from $9.30-9.90 per kgMS to $9.10-9.50 per kgMS.
Wednesday, May 4, 2022
Fonterra expands seaweed trial
Fonterra has expanded on-farm trials of methane reducing Asparagopsis seaweed, as part of its commitment to helping solve the methane challenge.
Monday, March 21, 2022
Fonterra's CFO to leave cooperative
Fonterra announced that its chief financial officer, Marc Rivers, will be leaving the cooperative at the end of 2022 following its annual meeting.
Monday, March 21, 2022
Fonterra to exit Russian businesses
Fonterra announced on March 21 that it will exit its businesses in Russia.
Tuesday, January 25, 2022
Fonterra lifts forecast for Farmgate Milk Price range
Fonterra Co-operative Group lifted on January 25 its 2021/22 forecast Farmgate Milk Price range to NZ$8.90-9.50 (US$5.94-6.34) per kgMS, up from NZ$8.40-9.00 (US$5.61-6.01) per kgMS.
Tuesday, January 11, 2022
Fonterra revises milk collection forecast
Fonterra Co-operative Group Limited revised on January 11 the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilogrammes of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS.
Monday, December 20, 2021
Fonterra's Flexible Shareholding structure gets green light from farmers
Fonterra shareholders have this month given the cooperative's new capital structure proposal the green light with 85.16% of the total farmer votes in support of the proposal.
Tuesday, November 9, 2021
Fonterra farmers to vote on cooperative's capital structure proposal
Fonterra has announced on November 9 it will proceed with a shareholder vote on the change to the cooperative's capital structure, which would give farmers greater financial flexibility and better enable Fonterra's strategy.
Tuesday, October 26, 2021
Fonterra increases 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited increased and narrowed its forecast Farmgate Milk Price range on October 26 to NZD$7.90- 8.90 (US$5.66-6.38) per kgMS, from NZD$7.25-8.75 (US$5.19-6.27) per kgMS.
Monday, September 27, 2021
Fonterra completes reset, announces annual results and long-term growth plan out to 2030
Fonterra Co-operative Group Limited announced on September 23 a strong set of results for the 2021 financial year, reflected in a final Farmgate Milk Price of $7.54, normalised earnings per share of 34 cents and a final dividend of 15 cents ...
Monday, September 27, 2021
Fonterra's new shareholding structure proposed as best option for farmers
Fonterra's board has presented a revised capital structure proposal that it will discuss with farmers over the coming weeks before deciding whether to proceed to a shareholder vote, the company announced on September 23.
Tuesday, September 21, 2021
Fonterra's sustainability score card shows good progress
Fonterra has recently released its sustainability score card summarising progress towards its people and environmental targets.
Monday, July 19, 2021
Fonterra: Farmer feedback set to shape co-op's revised capital structure proposal
With the first phase of Fonterra's capital structure consultation now complete, the cooperative is drawing up a revised proposal that aims to reflect farmers' views, Fonterra announced on July 19.
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