IHS Chemical Week

Regions :: North America :: Canada

Agrium buying back 8.72 million shares

1:06 PM MDT | October 22, 2012 | Vincent Valk

Agrium said today it will buy back 8.72 million shares, 5.5% of total share’s outstanding, at a price of C$103/share ($104/share). The buyback, which took the form of a substantial issuer bid—in which Agrium bid for its own shares—represents a 1% discount on Agrium’s closing price on the Toronto Stock Exchange as of 19 October. The consideration paid will total C$900 million ($905 million).   The buyback is “a means to return the excess capital from the agreement to sell the minority interest in the Medicine Hat nitrogen...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa