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Cenovus Energy looking to cut jobs, slashing dividend by 40 per cent

2015-07-30 16:24:04| Energy - Topix.net

Cenovus Energy Inc. says it's looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent. The energy company says it will now pay a quarterly dividend of 16 cents per share, down from its earlier rate of 26.62 cents.

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