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Fonterra shares jump after share buyback programme announced

Yesterday’s shock Reserve Bank of Australia’s 50 basis point hike took everyone by surprise, with a flow-on effect in New Zealand’s benchmark index today, while Fonterra’s announcement of a new share buyback programme hiked the stock.

BusinessDesk

Wed, Jun 8th 2022 06:23PM

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a2 Milk drives NZ shares higher

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NZ shares slide into the weekend

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Positive earnings lift NZ sharemarket

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