Canadian fertilizer producer Agrium Inc is cutting 500 jobs and looking to sell several non-core business lines as it aims to find $475 million in savings by 2017, Chief Executive Chuck Magro said on Wednesday. Savings will also come from reducing working capital of its farm retail business and trimming operating and administrative expenses.
Agrium Inc. (Agrium) is a global producer and marketer of nutrients for agricultural and industrial markets. Shares of AGU traded higher by 1.16% or $1.13/share to $98.32. In the past year, the shares have traded as low as $82.02 and as high as $98.50. On average, 838940 shares of AGU exchange hands on a given day and today's volume is recorded at 246359.
Agrium Inc. (Agrium) is a global producer and marketer of nutrients for agricultural and industrial markets. Shares of AGU traded higher by 1.01% or $1.12/share to $112.01. In the past year, the shares have traded as low as $88.80 and as high as $112.38. On average, 539322 shares of AGU.TO exchange hands on a given day and today's volume is recorded at 142071.
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