Welcome to our dedicated page for Nutrien Ltd. Common Shares news (Ticker: NTR), a resource for investors and traders seeking the latest updates and insights on Nutrien Ltd. Common Shares stock.
Nutrien Ltd. (Symbol: NTR) is a leading global provider of agricultural products and services, formed in 2018 from the merger of PotashCorp and Agrium. As the largest producer of potash by capacity and one of the world's largest producers of nitrogen and phosphate, Nutrien plays a pivotal role in helping growers produce healthier, more abundant crops. Nutrien's core business revolves around the production and distribution of these essential nutrients which are vital for plant growth.
Global Reach and Retail Operations: Nutrien's influence spans across seven countries over three continents, with a robust retail network consisting of 1,500 locations in North America, Australia, and South America. The company employs over 3,300 crop advisors, making it the world's largest direct-to-grower provider of agricultural products, services, and solutions. Through its extensive retail operations, Nutrien sells fertilizers, crop chemicals, seeds, and services directly to farmers via both brick-and-mortar stores and online platforms.
Commitment to Innovation: Innovation and technology are at the heart of Nutrien's strategy. By leveraging advanced technologies and research, Nutrien aims to provide growers with top-tier products and advice to maximize their yields and improve their profitability. The company emphasizes sustainable farming practices and collaborates with stakeholders to address economic, environmental, and social priorities.
Financial Stability and Growth: Nutrien's integrated portfolio offers a stable earnings base and multiple avenues for growth. The company is committed to returning capital to shareholders while maintaining a strong focus on long-term sustainability and growth. With its diverse range of products and services, Nutrien is well-positioned to meet the evolving needs of the agricultural sector.
Latest News:
- Source: Nutrien Ltd. --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Nutrien (TSX and NYSE: NTR) has declared a quarterly dividend of US$0.54 per share, payable on January 17, 2025, to shareholders of record on December 31, 2024. Canadian registered shareholders will receive payments in CAD, calculated using the Bank of Canada daily exchange rate on December 31, 2024, while shareholders outside Canada will receive USD. Shareholders can elect to change their dividend currency and enroll in direct deposit through Computershare Investor Services. All dividends are designated as eligible dividends under Canadian tax law.
Nutrien (NTR) reported third quarter 2024 results with net earnings of $25 million ($0.04 diluted EPS) and adjusted EBITDA of $1.0 billion. Nine-month performance showed net earnings of $582 million and adjusted EBITDA of $4.3 billion. The company achieved record Potash sales volumes of 11.1 million tonnes and raised full-year guidance to 13.5-13.9 million tonnes. Retail adjusted EBITDA reached $1.4 billion, though guidance was lowered to $1.5-1.6 billion. The company initiated share repurchases, buying back 1.5 million shares for approximately $75 million, and accelerated cost savings initiatives targeting $200 million in annual savings by 2025.
Nutrien (TSX and NYSE: NTR) has announced the release date for its third quarter 2024 financial results. The company will publish its results after market close on Wednesday, November 6. Following the release, Nutrien will host a conference call on Thursday, November 7, at 10:00 a.m. EST to discuss the results and provide an outlook.
Investors can participate in the call by dialing 1-888-870-4559 or 647-931-1822. Additionally, a webcast of the call will be available on Nutrien's Investor Events and Presentation page. For those unable to attend live, a recording of the call will be accessible at www.nutrien.com/investors/events. The webcast link will remain active for 12 months following the call.
Nutrien (TSX and NYSE: NTR) has announced a quarterly dividend of US$0.54 per share, payable on October 18, 2024, to shareholders of record on September 27, 2024. Canadian registered shareholders will receive their dividend in Canadian dollars, while those outside Canada will receive it in US dollars. The exchange rate for Canadian dollar payments will be based on the Bank of Canada daily average rate on September 27, 2024.
Shareholders can elect to change their dividend currency and enroll for direct deposit. The company offers these options through its registrar, Computershare Investor Services Inc. Nutrien has designated all dividends as eligible dividends under the Income Tax Act (Canada).
Nutrien (NTR) reported Q2 2024 results with net earnings of $392 million ($0.78 diluted EPS) and adjusted EBITDA of $2.2 billion. The company benefited from improved Retail margins, higher fertilizer sales volumes, and lower operating costs. Nutrien raised its full-year outlook for global potash demand due to strong engagement in key markets. However, challenges persist in Brazil, leading to a margin improvement plan. The company also announced the appointment of Mark Thompson as CFO, effective August 26, 2024, succeeding Pedro Farah. Nutrien lowered its full-year 2024 Retail adjusted EBITDA guidance due to market instability in Brazil and delayed planting in North America. The company raised its Potash sales volume guidance for 2024 based on record first-half sales and strong global demand expectations.
Nutrien (TSX and NYSE: NTR) has announced the release date for its second quarter 2024 financial results. The company will publish its earnings report after market close on Wednesday, August 7, 2024. Following the release, Nutrien will host a conference call on Thursday, August 8, at 10:00 a.m. EDT to discuss the results and provide an outlook.
Investors can participate in the call by dialing 1-289-514-5100 or 1-800-717-1738. A webcast will also be available on Nutrien's website. For those unable to attend, a recording of the call will be accessible until November 6, 2024, by dialing 1-888-660-6264 and using the conference ID 67773#.
Nutrien (NTR) has priced an offering of US$1 billion in senior notes. The offering includes US$400 million of 5.200% notes due June 21, 2027, and US$600 million of 5.400% notes due June 21, 2034. This offering, closing around June 21, 2024, is aimed at repaying US$500 million of 5.900% notes maturing on November 7, 2024, reducing short-term debt, and financing general corporate purposes. The senior notes are unsecured and will rank equally with Nutrien's existing senior unsecured debt. The joint book-running managers are CIBC World Markets Corp., Goldman Sachs, J.P. Morgan Securities, and RBC Capital Markets.
The offering will be made through a prospectus supplement dated June 17, 2024, to Nutrien's short form base shelf prospectus filed on March 22, 2024, with regulatory authorities in Canada and the U.S. under the multijurisdictional disclosure system.
Nutrien is hosting an Investor Day at the New York Stock Exchange to outline its strategic priorities and 2026 targets. CEO Ken Seitz announced plans to simplify the portfolio, focus on core assets, and enhance earnings quality and free cash flow. Key initiatives include prioritizing investments in North American fertilizer production and global distribution networks, reviewing their stake in Profertil, and halting the Geismar clean ammonia project. Nutrien aims for 2-3 million tonnes potash and nitrogen sales volume growth by 2026, targeting $1.9 to $2.1 billion in Retail adjusted EBITDA, and intends to cut controllable costs by $200 million. Capital expenditures are projected to be $2.2 to $2.3 billion annually through 2026. The company also plans to modernize and consolidate its North American retail network and improve margins in Brazil.
Nutrien (NTR) revealed that Ken Seitz, the President and CEO, will speak at the BMO Farm to Market Conference on May 16th. The fireside chat will be available for viewing on the Company's website.
Nutrien announced the results of its 2024 annual meeting where 12 director nominees were elected, auditors were re-appointed, and the advisory vote on executive compensation was approved. The meeting saw high percentages of votes in favor of all matters.
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