Fonterra

The Canpac facility, known for blending and packaging milk powders, has faced challenging economic conditions

Fonterra has declared a fully imputed interim dividend of 22 cents per share

The program, set to roll out over five years, involves a US$27 million investment

The company anticipates earnings per share to reach between 55 and 75 New Zealand cents, an increase from its previous guidance of 40 to 60 cents.