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Potash Corp plans to buy back shares

Nov 17, 2010 | 5:21 AM

Potash Corp is planning for a $2 billion share buy-back.

The repurchase program will begin Thursday and last up to a year.

The company could buy over 14 million common shares — that's 4.9 per cent of the public float.

Also, BHP head Marius Kloppers talked with shareholders in Perth, Australia yesterday.

He said a decision on whether or not to go ahead with its Jansen mine project near Lanigan would be made late next year.

news@panow.com