$3.2b windfall: Fonterra farmers back $2.00-a-share capital return

Majority of Fonterra shareholders vote in favour of Mainland payout scheme

More than 98 percent of the co-op's shareholders voted in favour.

$3.2b windfall: Fonterra farmers back $2.00-a-share capital return

Fonterra’s shareholder farmers have approved a $2-per-share return of capital arising from the sale of its Mainland global consumer and related businesses to...

Fonterra secures farmer backing for capital return linked to mainland divestment

Farmer shareholders of dairy co-op Fonterra have overwhelmingly approved a capital return plan tied to the proposed sale of its global consumer business.

Fonterra farmers back $4.2b mainland sale and share capital return plan

Fonterra shareholders endorse capital return with 98.85 per cent support, paving way for sale to French giant Lactalis.

Fonterra farmers approve divestment capital return scheme

Following a virtual Special Meeting, Fonterra can confirm that its farmer shareholders have approved the scheme of arrangement for the capital return that’s expected from the sale of its global Consumer and associated businesses. Fonterra struck a deal last year to sell Mainland to French dairy giant Lactalis for $4.22b. 98.85% of the total shareholder votes cast were in support of the capital return proposal, which was set out in the Notice of …

A resounding yes for Fonterra capital return

Farmer-shareholders approve scheme of arrangement for return of capital from Mainland divestment.