New Zealand-based company, Fonterra Co-Operative Group (ASX:FCG), recently confirmed the specifics of its upcoming share buyback program.

The company will repurchase up to NZ$50 million of shares.

The commencement of the buyback period is scheduled for August 18, 2023, and is projected to continue until August 13, 2024.

Fonterra Co-Operative Group (ASX:FCG) operates within the food processing industry and the banking & investment sector.

It falls under the categories of financials, food and beverages in TRBC levels.