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