(The Canadian Press) The entire management slate of nominees were elected to the Agrium Inc. (TSX: T.AGU, Stock Forum) (NYSE: AGU, Stock Forum) board of directors on Tuesday. The five nominees by activist investor Jana Partners were all denied a place on the board.
In a press release, the company thanked shareholders for their overwhelming support.
Agrium rose 1.6% to $99.33, leaving the company with a market cap of $14.4 billion, based on 149.4 million shares outstanding. The 52-week range is $115.31 and $74.28.