** Grain trader ADM's shares ADM.N fall 1.9% to $49.08 in premarket trade
** Company reported Q4 adj. EPS of $1.14/share vs est of $1.15/share - data compiled by LSEG
** ADM raises dividend by one cent; says targeting cutting between $500 mln and $750 mln in spending over the next 3 to 5 years
** Company says it is looking to lay off 600-700 people in 2025; it had 41,802 employees according to its 2023 annual report
** Expects adj. EPS for 2025 in the range of $4/share to $4.75/share, midpoint of which is below analysts' expectations of $4.67/share - LSEG
** Up to last close, ADM down ~1% YTD
(Reporting by Seher Dareen in Bengaluru)
((Seher.Dareen@thomsonreuters.com;))
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