Retired Fonterra director boosts shareholding via Pencarrow Farm

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

Former Fonterra director Andrew Webster Macfarlane has disclosed a series of on-market purchases of Fonterra Co-operative Group shares made through Pencarrow Farm Limited, where he is a director and shareholder. The transactions, conducted between 19 and 26 March 2026 at prices just above NZD6.22 per share, increased Pencarrow Farm’s holding from 362,000 to 380,000 Fonterra shares.

The filing also outlines Macfarlane’s substantial remaining interests in Fonterra through Kintore Farm Limited, Deebury Pastoral Partnership and various trusts holding both Fonterra shares and units in the Fonterra Shareholders’ Fund. The disclosure underscores the continued financial alignment of a recently retired director with the co-operative, providing transparency for investors regarding insider holdings and trading activity.

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 around 9,000 farmer-shareholders and focuses on processing and marketing milk, cheese, butter, powders and other value-added dairy ingredients to global consumer and foodservice markets.

Average Trading Volume: 177,722

Technical Sentiment Signal: Buy

Current Market Cap: N$10.22B

For detailed information about FCG stock, go to TipRanks’ Stock Analysis page.