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Fonterra Co-operative Group Implements Over NZ$3 Billion Capital Return; Shares Dive 30%

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Fonterra Co-operative Group's (NZE:FCG) roughly NZ$3.2 billion capital return to shareholders was implemented on April 10, according to a Monday filing with the New Zealand bourse.

Payments to shareholders and unit holders will be processed on Tuesday, the company said.

Fonterra's shares plummeted 30% in recent Monday trade.

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