Fonterra Co-operative Group Limited has announced the acquisition of ordinary shares in the company through an on-market share buyback programme.
The notice was given in accordance with the FSM Rule 2.9.1 and section 65(2) of the Companies Act 1993.
Simon Till, Director of Capital Markets, is available to answer further questions.
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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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