Israel Chemicals weighs $500m dividend as 2nd-qtr net plunges
Management also plans to list on an overseas stock exchange that offers higher valuations
Israel Chemicals reported a 23% drop in net profit yesterday and said it was weighing a one-time dividend or stock buyback program of up to $500 million and a share listing overseas. The company also unveiled a strategic plan that would expand its offerings into agriculture, food and engineered materials.
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