Fonterra Co-operative Group Limited has announced the acquisition of ordinary shares in the company under the on-market share buyback programme, as per the 8 June 2022 notice.
This is in accordance with the FSM Rule 2.9.1 and section 65(2) of the Companies Act 1993.
Further information on the move is available from Director Capital Markets, Simon Till.
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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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