Retired Fonterra Director Andrew Macfarlane Increases Indirect Shareholding

Fonterra Co-operative Group Limited ( (NZ:FCG) ) has shared an update.

Fonterra Co-operative Group has disclosed a change in relevant interests held by retired director Andrew Webster Macfarlane under New Zealand’s Financial Markets Conduct Act. Macfarlane, through Pencarrow Farm Limited where he is a shareholder and director, increased his holding in Fonterra shares via an on-market purchase completed on 31 March 2026.

The transaction lifted Pencarrow Farm Limited’s Fonterra shareholding from 380,000 to 430,000 shares at a price of NZD 6.17 per share. The notice also reconfirms Macfarlane’s other indirect interests in Fonterra shares and units through various farming entities and family trusts, underscoring ongoing farmer-aligned investment in the co-operative despite his retirement from the board.

More about Fonterra Co-operative Group Limited

Fonterra Co-operative Group Limited is a New Zealand-based dairy co-operative and one of the world’s largest exporters of dairy products. It is owned by farmer-shareholders and focuses on the production, processing and global sale of milk, dairy ingredients and consumer dairy brands, with a significant presence in international commodity and value-added dairy markets.

Average Trading Volume: 191,993

Technical Sentiment Signal: Buy

Current Market Cap: N$9.93B

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