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19 Aug 2022 10:43
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  •   Home > News > Business

    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.

    © 2022 Newstalk ZB, NZCity

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    British chemical baron Sir Jim Ratcliffe's interest in buying Manchester United football club has raised supporter hopes that their American owners, the Glazer family, might sell More...



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