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17 Sep 2025 10:40
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  •   Home > News > Rural

    Fonterra is buying back 50 million dollars' worth of its own shares

    Fonterra is buying back 50 million dollars' worth of its own shares


    Fonterra
    Fonterra
    It says the prevailing price has undervalued Fonterra shares, particularly since late April.

    Chief Executive Miles Hurrell says this move has a double goal.

    He says the level they're starting to see now is a good opportunity to create value for all shareholders, but the move also signals their confidence in where the organisation is going.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     17 Sep: Dairy prices have fallen another 0.8 percent at this morning's Global Dairy Trade auction
     26 Aug: A new development, in the sale of Fonterra's consumer arm
     23 Aug: Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland
     22 Aug: The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant
     21 Aug: The uncertainty isn't over for dairy farmers
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
     06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight
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