The price was calculated by reference to an average of the daily traded price on the NZX for Fonterra Units for each trading day between 2 – 15 May inclusive.
General Manager - Trading Among Farmers, Aaron Jenkins, said farmer shareholders have a further week to confirm if they wish to participate in the Supply Offer before it closes at 5pm on 23 May.
The outcome of the Supply Offer will be announced on 27 May, and farmer shareholders who participate in the offer will receive payment for any economic rights to Wet Shares that they sell by 6 June
Fonterra Co-operative Group Limited today revised the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilograms of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS.
January 11, 2022
Fonterra shareholders have today given the Co-operative’s new capital structure proposal the green light with 85.16% of the total farmer votes in support of the proposal.
December 09, 2021
Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance.
December 03, 2021