Saturday September 19, 2020

Ian Guider Dairy farmers need to be prepared for the end of milk quotas across Europe when it comes along in a few weeks

The sale of ten million shares should return about €170 million to the co-op members. That’s a tidy sum due, and not the first distribution they’ve received back from the co-op.

Ian Guider

Markets Editor

22nd March, 2015
INM: the media group’s future is finally looking more secure. Picture: Feargal Ward

As part of the plan announced last week, the co-op intends to sell a further four million shares in Glanbia to establish a support fund for struggling farmers, which will become more necessary as dairy prices fluctuate in the months ahead as a result of the scrapping of quotas.

Glanbia’s investors will see the benefit from the co-op’s stake falling, with greater liquidity in its shares.

It may also be time...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 4 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 9 months ago