Fonterra to spend up to $50m to support flagging share price
Dairy co-operative plans to buy back its own shares from June 30.
Dairy co-operative plans to buy back its own shares from June 30.
Fonterra will actively support liquidity in its tradeable shares on an interim basis.
ANALYSIS: Was last week's major climate change announcement a case of vested interests?
The world's biggest dairy exporter is shut out of the US finished infant formula market.
Latest dairy manufacturing entrant will need to get out its cheque book.
China's lockdowns played a part in Fonterra's move to trim its milk price forecast.
Very strong dairy prices have seen farmers reduce debt, the Reserve Bank says.
Sharp rise despite lockdowns, rising interest rates, talk of US recession.
Government proposes extra safeguards to improve Fonterra transparency.
Government's idea of "right balance" likely to be revealed by June.
"Instrumental" executive to leave at the end of the year.
Fonterra's turnaround continues despite paying high milk prices to farmers.
NZX milk price futures break over $10/kg for the first time since 2016.
The venture - Fonterra Future Dairy - was established in 2018 and has 22 employees.
Dairy prices are were once again sharply higher at this morning's auction.
Higher inflation caused by conflict in Ukraine could mean a faster rise in interest rates.
Westpac has revised up next year's milk price forecast after another strong dairy auction.
Free-range chicken breasts are often cheaper than once-humble mince.
Great news for dairy farmers means bad news for consumers.
Fund's market capitalisation has dived by $75m.
One of the biggest votes in the co-operative's history.
Agriculture minister has yet to be persuaded on plan.
Strong milk prices mean input cost impact on ebit in first quarter.
Two Waverley dairy farms are fencing and protecting biodiversity in their gullies.
Miles Hurrell says the world is starting to move and business people should travel.
Damien O'Connor asks Fonterra to consider "'reshaping" its proposals.
Annual meeting on December 9 to test proposal on farmer-owners.
"Transformative" deal to kick off with Fonterra's world-leading probiotics collection.
Fonterra would retain majority stake in any Australian business IPO.
Performance earnings around half of total FY21 pay.