Media releases

Fonterra can today confirm that its new Flexible Shareholding capital structure is set to be implemented in late March 2023, subject to the Board being satisfied that the relevant preparations are completed before then.

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.

Fonterra has today announced it will proceed with a shareholder vote on the change to the Co-operative’s capital structure, which would give farmers greater financial flexibility and better enable the Co-op’s strategy.

Fonterra’s Board has presented a revised capital structure proposal that it will discuss with farmers over the coming weeks before deciding whether to proceed to a shareholder vote.

Fonterra farmers are world leaders when it comes to care for animals and the environment. Individual Farm Insights Reports delivered to all farmers today provide an opportunity to build even more efficiency into their day to day farming operations and highlight sustainable farming practices.

With the first phase of Fonterra’s capital structure consultation now complete, the Co-op is drawing up a revised proposal that aims to reflect farmers’ views.

Fonterra has agreed the sale of its two joint venture farms in China, with the sale expected to be completed on 30 June.

A new $22 million research initiative is underway to help dairy farmers improve freshwater quality – through using plantain pastures.

Fonterra is taking a look at the network of support services in place for dairy farmers to ensure they’re meeting the needs of farmers in today’s increasingly complex industry.