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4 Jul 2025 12:30
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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
     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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