Agrium Completes 10 Percent Share Buyback and Initiates a New 5 Percent Share Buyback.CALGARY, Alberta--(BUSINESS WIRE)--Sept. 22, 1998--Agrium Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AGU AGU Aoyama Gakuin University, Tokyo, Japan AGU American Geophysical Union AGU Arabian Gulf University (Bahrain) AGU All Grown Up (TV show) AGU Aguascalientes, Aguascalientes, Mexico )(NYSE NYSE See: New York Stock Exchange :AGU) Agrium Inc. today announced that The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. has accepted its Notice of Intention to make a Normal Course Issuer Bid to purchase for cancellation up to 5 percent of the outstanding Common Shares (or 5,771,138 Common Shares) of its 115,422,765 outstanding Common Shares. Agrium anticipates that it will be in a position to commence purchases on or about September 24, 1998 and concluding not later than one year thereafter. Agrium Inc. is the largest North American producer of nitrogen fertilizers, and a major producer of potash and phosphate fertilizers. The Company is also a leader in the wholesale distribution and retail marketing of fertilizers, related products, and services to the agricultural industry. |
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