Nutrien Ltd. Common Shares - NTR STOCK NEWS

Nutrien Ltd. (NTR) reported strong Q4 2021 results with net earnings of $1.2 billion ($2.11 per share) and adjusted EBITDA of $2.5 billion. For the full year, net earnings reached $3.2 billion and adjusted EBITDA hit $7.1 billion. The company reduced long-term debt by $2.1 billion and repurchased 15 million shares. Nutrien's board increased the quarterly dividend to $0.48 per share and projected 2022 adjusted EBITDA of $10.0 to $11.2 billion. The outlook for agriculture remains strong, with expected record potash sales of 13.7 to 14.3 million tonnes.

Nutrien Ltd (NYSE: NTR) has declared a quarterly dividend of US$0.48 per share, a 4% increase from the previous dividend of US$0.46. This dividend is payable on April 14, 2022, to shareholders of record as of March 31, 2022, translating to an annualized dividend of US$1.92 per share. Additionally, the company approved a share buyback of up to 10% of its public float through a normal course issuer bid, effective after February 28, 2022. This move reflects Nutrien's commitment to returning capital to shareholders while maintaining a strong earnings base.

Nutrien Ltd (NYSE: NTR) has scheduled the release of its fourth quarter earnings results for February 16, 2022, after market close. A conference call will follow on February 17, 2022, at 10:00 a.m. EST, to discuss these results and future outlook. To ensure smooth access, participants must pre-register via a designated link or by phone. Nutrien is recognized as the world’s largest provider of crop inputs and services, committed to sustainable food production through an integrated portfolio.

The Board of Directors of Nutrien (NYSE:NTR) announced the resignation of President and CEO, Mayo Schmidt. Ken Seitz has been appointed as interim CEO, bringing over 25 years of experience in agriculture and mining. The Board has initiated a global search for a long-term CEO, considering both internal and external candidates. Nutrien's strong performance in 2021 positions it well for continued success in 2022, as stated by Chair Russ Girling. Nutrien produces 27 million tonnes of crop inputs annually, committed to sustainable food production.

Nutrien announced the settlement of $1.8 billion in debt securities and a cash tender offer to repurchase up to $300 million in debt. The offer saw $703.9 million in notes tendered, reflecting strong shareholder support. CFO Pedro Farah highlighted the use of free cash to enhance the balance sheet and increase shareholder returns, including a significant acceleration in share buybacks. The tender offer, which expired on December 14, 2021, was fully subscribed, demonstrating confidence in the company's robust agricultural market outlook for 2022.

Nutrien Ltd. (NYSE: NTR) announced its Full Tender Offer Consideration for a cash tender offer to purchase up to $300 million of its debt securities. This offer commenced on November 16, 2021, and includes various series of Notes associated with Agrium and PotashCorp. The offer is subject to acceptance priority levels and proration. The withdrawal deadline for participation was November 30, 2021, with a settlement date expected on December 16, 2021.

Nutrien Ltd. (NYSE:NTR) announced early results of its cash tender offer to purchase up to $300 million in debt securities. As of November 30, 2021, over $703 million in principal amount was tendered. The offer, which commenced on November 16, 2021, is fully subscribed, thus no additional securities will be accepted post the Early Tender Time. Eligible tenders will receive the Full Tender Offer Consideration on December 1, 2021, with settlement expected December 16, 2021.

Nutrien Ltd. (NYSE: NTR) announced that CFO Pedro Farah will speak at the Scotiabank Mining Virtual Conference on November 30 at 10:10 a.m. EST. The session will be available via video cast on the company's website.

Nutrien is the largest provider of crop inputs globally, distributing approximately 27 million tonnes of potash, nitrogen, and phosphate products. The company emphasizes sustainable food production and is committed to addressing economic, environmental, and social priorities.

Nutrien Ltd. (NTR) announced a significant financial move involving the redemption of $1.8 billion in debt securities and a cash tender offer to purchase $300 million of its debt. This offer includes several series of notes from Agrium and PotashCorp, with varying maturities and yields linked to U.S. Treasury securities. The tender offer will expire on December 14, 2021, unless extended. Concurrently, Nutrien will redeem all outstanding amounts of certain notes on December 16, 2021. This strategic decision aims to optimize the company's capital structure.