Energizer to cut more than 10% jobs
Agencies : Fri Nov 09 2012, 10:56 hrs
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The forecast includes about $20 million in shipments related to Superstorm Sandy and estimated pre-tax restructuring savings of $25 million to $35 million. It does not include any potential share buybacks.
Energizer just declared its first quarterly dividend of 40 cents per share this week, payable in December. The payout should continue at the current rate for a while, said Klein.
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