News | Rural
29 Mar 2024 9:43
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  •   Home > News > Rural

    Hopes Fonterra will streamline how farmers buy and sell units

    Hopes Fonterra will streamline how farmers buy and sell units


    Fonterra
    Fonterra
    The dairy co-op's halted trading on the New Zealand and Australian sharemarkets, as well as the Fonterra Shareholders' Market, until Friday.

    Fonterra says it'll give shareholders and unit holders a full day to consider options for streamlining its capital structure.

    The Farmers' Weekly's Hugh Stringleman says they want better processes for when retiring farmers want to sell their shares.

    He says it's become unwieldy and complicated and they've been asking for a simpler way of doing it.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
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