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13 Jul 2025 18:03
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  •   Home > News > Rural

    Fonterra has announced a 50-million dollar share buyback

    Fonterra has announced a 50-million dollar share buyback


    Fonterra
    Fonterra
    Chairman Peter McBride says the prevailing price has been undervaluing Fonterra shares, particularly since late April.

    Meanwhile, dairy prices have risen 1.5 percent in this morning's first Global Dairy Trade auction of the new season.

    Skim milk is up three percent, while whole milk powder is down 0.3 percent.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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