Green Light for Fonterra's $3.2b Capital Return Scheme
Fonterra farmer shareholders have approved the mechanism for a $2/share capital return expected from the sale of its global consumer and associated businesses.
The Hound’s pal reckons this is a nice touch, but suggests the ‘Lest we forget’ lyric, dedicated to the brave young men and women who died fighting for our country, may, for Fonterra suppliers, be equally a reminder of last season’s whopper $8.40 payout vs this year’s paltry $4.70.
Lest we forget, indeed!
