Fonterra Co-operative Group Limited announces that it has acquired an aggregate of 5,000,000 ordinary shares on 1 August 2022 under its on-market share buyback programme announced on 8 June 2022.
The acquisition was made in accordance with the FSM Rule 2.9.1 and section 65(2) of the Companies Act 1993.
The shares were acquired at an average price of NZ$6.20 per share.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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