Nutrien (NTR) raises dividend and approves buyback of up to 5% of shares
Rhea-AI Filing Summary
Nutrien Ltd. is increasing cash returns to shareholders by raising its quarterly dividend and planning a new share repurchase program. The Board declared a quarterly dividend of US$0.55 per share, payable on April 16, 2026 to shareholders of record on March 31, 2026, an increase of about one percent from the prior dividend and equal to an annualized US$2.20 per share.
The Board also approved the purchase of up to five percent of issued and outstanding common shares over a twelve-month period through a normal course issuer bid, subject to acceptance by the Toronto Stock Exchange. The dividend will be paid in Canadian or US dollars depending on shareholder residency and intermediaries, with options to elect currency and direct deposit. All dividends are designated as eligible dividends under Canadian tax law.
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Insights
Nutrien boosts shareholder returns via a modest dividend hike and a sizable buyback authorization.
Nutrien raised its quarterly dividend to US$0.55 per share, about a 1% increase, signaling confidence in sustaining cash flows. At the same time, the Board approved a normal course issuer bid to repurchase up to five percent of issued and outstanding shares over twelve months.
The buyback is subject to Toronto Stock Exchange acceptance, so actual repurchases will depend on that approval and future market conditions. The combination of an annualized US$2.20 per-share dividend and potential share repurchases underscores a capital return focus, though the real impact will hinge on how much of the five percent capacity is ultimately used.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 Under the
Securities Exchange Act of 1934
For the month of February, 2026
Commission File Number: 001-38336
NUTRIEN LTD.
(Name of registrant)
Suite 1700, 211 19th Street East
Saskatoon, Saskatchewan, Canada
S7K 5R6
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NUTRIEN LTD. | ||||||||
| Date: February 18, 2026 | By: | /s/ Noralee Bradley |
||||||
| Name: | Noralee Bradley | |||||||
| Title: | Executive Vice President, External Affairs, Chief Legal Officer and Corporate Secretary | |||||||
EXHIBIT INDEX
| Exhibit |
Description of Exhibit | |
| 99.1 | News Release dated February 18, 2026 | |
Exhibit 99.1
|
News Release | |
|
NYSE, TSX: NTR |
February 18, 2026
Nutrien Increases Quarterly Dividend and Announces Intent to Launch a New Share Repurchase Program
SASKATOON, Saskatchewan – Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors declared a quarterly dividend of US$0.55 per share payable on April 16, 2026 to shareholders of record on March 31, 2026. This represents an approximately one percent increase from the prior dividend declared on November 5, 2025 and equates to an annualized dividend of US$2.20 per share.
The Board also approved the purchase of up to five percent of Nutrien’s issued and outstanding common shares over a twelve-month period through a normal course issuer bid (NCIB). Any purchases of common shares will be subject to acceptance by the Toronto Stock Exchange of Nutrien’s notice to commence a NCIB.
Registered shareholders who are residents of Canada as reflected in Nutrien’s shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co., will receive their dividend in Canadian dollars, calculated based on the Bank of Canada daily average exchange rate on March 31, 2026. Registered shareholders resident outside of Canada as reflected in Nutrien’s shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in US dollars. However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable. In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.
Registered shareholders may elect to change the currency of their dividend and enroll for direct deposit by contacting Nutrien’s registrar and transfer agent, Computershare Investor Services Inc., directly (1-800-564-6253 or service@computershare.com). Beneficial shareholders should contact their broker or other intermediary to determine the ability and necessary steps involved in an election to change the currency of their dividend payment. For further details, please visit www.nutrien.com/investors/shareholder-information.
All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends.
About Nutrien
Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.
Forward-Looking Statements
Certain statements in this news release constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) under applicable securities laws including, but not limited to, statements with respect to, among other things, the payment of dividends by Nutrien, including the timing thereof, and Nutrien’s intent to renew its NCIB and repurchase of its shares thereunder.
Such forward-looking statements involve certain known and unknown risks and uncertainties, many of which are beyond our control, which may cause actual results, performance or achievements of Nutrien to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including the receipt by Nutrien of acceptance of its proposed NCIB by the Toronto Stock Exchange; that Nutrien’s future results of operations will be consistent with management expectations in relation thereto; and the risks and uncertainties set forth in our filings with the Canadian securities commissions and the U.S. Securities and Exchange Commission.
All forward-looking statements are made as of the date of this news release. Nutrien disclaims any intention or obligation to update or revise any forward-looking statements in this press release as a result of new information or future events, except as may be required under applicable Canadian securities legislation or applicable U.S. federal securities laws. All of the forward-looking statements contained herein are qualified by these cautionary statements and by the assumptions that are stated or inherent in such forward-looking statements. Although we believe these assumptions are reasonable, undue reliance should not be placed on these assumptions and such forward-looking statements.
FOR FURTHER INFORMATION:
Investor Contact
Jeff Holzman
Senior Vice President, Investor Relations and FP&A
(306) 933 8545 – investors@nutrien.com
Media Contact
Simon Scott
Vice President, Global Communications
(403) 225 7213 – media@nutrien.com
Contact us at: www.nutrien.com