Nutrien Stock Price, News & Analysis

Nutrien Ltd. (NTR) has received approval from the Toronto Stock Exchange to initiate a normal course issuer bid (NCIB) to repurchase up to 5% of its common shares, totaling approximately 28,468,448 shares. The bid will be executed through the TSX, NYSE, or other trading systems, and shares purchased will be cancelled. This move is aimed at enhancing shareholder value and reflects Nutrien's confidence in its financial condition. The NCIB is set to commence on March 1, 2021, and will expire on February 28, 2022, or when the maximum shares are repurchased.

Nutrien Ltd (NTR) announced that CFO Pedro Farah and SVP Jeff Tarsi will speak at the BofA Securities Global Agriculture and Materials Conference on March 3 at 2:00 p.m. EST. The discussion will be available via video stream on the company's website. Nutrien is the leading global provider of crop inputs and services, producing 27 million tonnes of essential fertilizers. The company is committed to sustainable practices and aims to support growers in maximizing food production while addressing economic, environmental, and social priorities.

Nutrien Ltd (NYSE, TSX: NTR) announced that President and CEO Chuck Magro will speak at the BMO 30^th Global Metals and Mining Conference on March 2 at 12:30 p.m. EST. The session will include a fireside chat and Q&A, available via video cast on their website.

Nutrien is the largest global provider of crop inputs, producing 27 million tonnes of potash, nitrogen, and phosphate products annually. The company focuses on sustainable agriculture, aiming to enhance food production while addressing economic, environmental, and social priorities.

Nutrien Ltd. (NTR) reported fourth-quarter net earnings of $316 million ($0.55 per share) and adjusted EBITDA of $768 million, reflecting strong performance amid improving agricultural fundamentals. Notably, the company raised its quarterly dividend to $0.46 and announced a share buyback program. The Retail Ag Solutions segment showed a 29% increase in adjusted EBITDA year-over-year, supported by robust fertilizer applications. Despite a challenging year, Nutrien generated $1.8 billion in free cash flow and forecasts adjusted earnings per share of $2.05 to $2.75 for 2021.

Nutrien Ltd (NYSE: NTR) has announced an increase to its quarterly dividend, raising it to US$0.46 per share, which brings the annualized dividend to US$1.84 per share. This dividend is scheduled for payment on April 15, 2021, to shareholders on record as of March 31, 2021. Additionally, the Board approved a buyback plan allowing for the purchase of up to 5% of the company's outstanding common shares over the next year. These actions underscore Nutrien's strategy to return capital to shareholders while maintaining a stable earnings base.

Nutrien Ltd. (NTR) confirms alignment with Canpotex regarding the new potash pricing set between Indian Potash Limited and Belarusian Potash Company, which is below market levels. CEO Ken Seitz stated that the Indian agreement reflects government negotiations rather than market prices, reinforcing Nutrien's commitment to market-based pricing.

Nutrien emphasizes its potash sales commitments to North America through April 2021, excluding shipments to India or China, highlighting a strategic focus on key offshore markets amidst strong global demand for fertilizers.

Nutrien Ltd. (NTR) has expanded its Proximity Trace™ technology, developed with Triax Technologies, to enhance COVID-19 safety measures for its workforce. Currently, over 8,000 employees utilize this system, with plans to include an additional 6,500, comprising 65% of Nutrien’s workforce. This technology aids in maintaining physical distancing and efficient contact tracing, reducing COVID-19 risks and potential operational shutdowns. Nutrien continues to prioritize worker safety, which supports its essential role in agriculture amid the pandemic.

Nutrien Ltd (NTR) will release its fourth quarter earnings results on February 17, 2021, after market close. A conference call to discuss these results will take place on February 18, 2021, at 10:00 a.m. EST. To streamline attendance, Nutrien has implemented a pre-registration system via Direct Event, accessible online or by phone. Nutrien is the largest global provider of crop inputs, distributing 25 million tonnes of potash, nitrogen, and phosphate products. The company emphasizes sustainable food production and addresses economic, environmental, and social priorities.

Nutrien Ltd. announced an agreement to sell its entire stake in Misr Fertilizers Production Company (MOPCO) to the Government of Egypt, totaling 59,573,922 shares. The deal, expected to close by December 2020, will provide gross proceeds of $540 million and settle all related arbitration claims. Historically, this investment contributed approximately $15 to $20 million annually to Nutrien’s Adjusted EBITDA. The transaction is subject to customary closing conditions.