Share buyback to commence 5 October - 1Q23 Trading update

The a2 Milk Company has announced that it will commence an on-market share buyback programme on 5 October 2022, with the buyback running for up to 12 months.

The Company may purchase up to 37,180,621 ordinary shares through the NZX and ASX, subject to market conditions, its share price, and other factors.

A positive start to the financial year has been reported, though the Company states that there are risks posed by COVID-19, changes in regulation, and commodity prices.