Fonterra Co-Operative Group Ltd (ASX:FCG) has announced a share buyback programme. The company will allocate up to NZ$50 million to an on-market share buyback programme, expected to commence in late August 2023. The maximum number of co-operative shares that may be acquired as part of this buyback is 77 million. The buyback is expected to operate for up to a 12-month period.
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