Nutrien Stock Price, News & Analysis

Nutrien Ltd. (TSX and NYSE: NTR) received notice of an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 1,000,000 shares, approximately 0.20% of Nutrien’s outstanding shares, at C$93.89 per share. This represents a discount of 4.49% and 4.40% compared to closing prices on April 4, 2023. Nutrien does not endorse this offer, highlighting that it is below the current market price.

Shareholders should consult with brokers and financial advisors regarding their shares and are advised to withdraw any shares tendered to TRC Capital.

Nutrien stresses caution for brokers and market participants concerning mini-tender offers, which may lack investor protections and can lead to uninformed decisions regarding the market price of securities.

Nutrien Ltd. (NYSE: NTR) will release its first-quarter earnings results on May 10, 2023, after the market closes. A conference call is scheduled for May 11, 2023, at 10:00 a.m. EDT, to discuss the results and provide an outlook. Investors can participate by calling 1-888-396-8049 or 1-416-764-8646, or access the webcast through Nutrien’s website. A recording of the call will be available until August 9, 2023.

Nutrien is a leading global provider of crop inputs and services, committed to sustainable agricultural practices and creating long-term value for stakeholders.

Nutrien Ltd. (NYSE: NTR) has launched an offering of senior notes totaling US$750 million at a 4.900% interest rate due on March 27, 2028, and another US$750 million at a 5.800% interest rate due on March 27, 2053. The offering is set to close around March 27, 2023. Proceeds will be used to repay US$500 million of 1.900% notes due on May 13, 2023, reduce short-term debt, fund working capital, and for general corporate purposes. The notes will be unsecured and rank equally with existing senior unsecured debt.

Nutrien Ltd. (TSX and NYSE: NTR) announced that the Toronto Stock Exchange has accepted its notice to commence a normal course issuer bid (NCIB) to buy back up to 5% of its outstanding common shares. This allows the company to purchase approximately 24.96 million shares. The NCIB aims to enhance shareholder value by returning capital. Purchases will be made through the TSX and NYSE, with a maximum of 324,437 shares bought per trading day, beginning March 1, 2023, and ending February 29, 2024, or when the limit is reached. Nutrien had previously repurchased 55.11 million shares at an average price of $84.86 each under its expired NCIB.

Nutrien Ltd. (TSX and NYSE: NTR) has released its 2022 Annual Report, accessible via the U.S. SEC and Canadian Securities Administrators' websites. The report includes comprehensive financial data, Management's Discussion and Analysis, and Audited Consolidated Financial Statements. Investors can also download the report from Nutrien's Investor Relations page. As the largest global provider of crop inputs and services, Nutrien aims to sustainably support food production while focusing on enhancing stakeholder value through strong environmental, social, and governance initiatives.

Nutrien Ltd. (TSX and NYSE: NTR) has announced that CEO Ken Seitz will speak at two upcoming conferences: the BMO Global Metals, Mining and Critical Minerals Conference on February 28 at 1:30 p.m. EST and the BofA Securities Global Agriculture and Materials Conference on March 1 at 10:50 a.m. EST. Both sessions will be available via video cast on Nutrien's website, showcasing the company's ongoing commitment to engaging with investors and stakeholders regarding its role as a major provider of crop inputs and services. Nutrien aims to create long-term value by focusing on environmental, social, and governance priorities.