Fonterra sets strike price for dividend reinvestment plan

Fonterra Co-operative Group has set a strike price for Fonterra Shareholders Fund units of $5.574 for unitholders participating in the dairy processor's dividend reinvestment plan.

A final dividend for the last financial year is due for payment on June 7, with the strike price based on the individual daily volume weighted average sale price of FSF units in trading between May 27 and June 2, discounted by 2.5 percent. 

The cooperative confirmed in a statement to the NZX that it is "aware of no material adverse information at this time."

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PaySauce Quarterly Market Update - Dec 2024
CHI - FY24 Results Date and Audio Conference Details
AIA - December 2024 Monthly traffic update
January 15th Morning Report
PF - Details of Interim Results Webcast
Scott Secures NZ$18 million in Global Contracts for Protein
January 14th Morning Report
AFT - NEW YEAR LETTER TO INVESTORS
TruScreen Invited to Present WHO AI Collaboration Meeting
January 13th Morning Report