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13 Aug 2022 14:16
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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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     Top Stories

    RUGBY RUGBY
    In the Farah Palmer Cup, Otago have demolished Tasman 39-7 at Forsyth Barr Stadium More...


    BUSINESS BUSINESS
    A milestone birthday for our Interislander ferry service More...



     Today's News

    Politics:
    National says changes to developing build-to-rent houses are long overdue 13:49

    Rugby:
    In the Farah Palmer Cup, Otago have demolished Tasman 39-7 at Forsyth Barr Stadium 13:49

    Soccer:
    The Wellington Phoenix have signed Brazilian Yan Sasse as their latest import for the upcoming A-League season 13:39

    Rugby:
    The All Blacks are prepared to lay everything on the line against their greatest foe 13:29

    International:
    Here's what the FBI took from Donald Trump's Florida home, according to the search warrant and seizure log 13:09

    Rugby:
    Ofa Tu'ungafasi's return to rugby has been put on ice 13:09

    Cricket:
    The Black Caps have eased to a series win over the West Indies with a game to spare, punishing their hosts by 90 runs in Kingston 12:39

    Politics:
    Secondary school teachers are calling for the Government to invest in young people 12:29

    Politics:
    Chris Luxon has explained his decision to have an independent investigation into Sam Uffindel 12:09

    International:
    FBI seized 'top secret' documents from Donald Trump's Mar-a-Lago property, unsealed search warrant reveals 11:59


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