Nutrien Initiates Normal Course Issuer Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy NTR?
Source: Businesswire
- Bid Launch: Nutrien has announced the initiation of a Normal Course Issuer Bid (NCIB) to repurchase up to 5% of its outstanding common shares, equating to 24,057,066 shares, reflecting the company's confidence in its stock and commitment to shareholders.
- Market Operation Details: The repurchase will occur across various trading platforms, including the Toronto Stock Exchange and the New York Stock Exchange, with a daily purchase limit set at 25% of the average daily trading volume to maintain market stability.
- Previous Buyback Success: As of February 17, 2026, Nutrien repurchased 8,708,901 shares under its prior NCIB at an average price of $58.56 per share, totaling $510 million, indicating a proactive approach to capital management.
- Future Outlook: The new buyback plan is set to commence on March 3, 2026, and will last until March 2, 2027, or until the maximum allowable shares are acquired, further enhancing the company's commitment to returning value to shareholders.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NTR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NTR
Wall Street analysts forecast NTR stock price to fall
15 Analyst Rating
6 Buy
8 Hold
1 Sell
Moderate Buy
Current: 72.530
Low
58.00
Averages
66.08
High
76.00
Current: 72.530
Low
58.00
Averages
66.08
High
76.00
About NTR
Nutrien Ltd. is a global provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities. The Company’s segments include Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. Its downstream Retail segment distributes crop nutrients, crop protection products, seed and merchandise, and provides agronomic application services and solutions, including the services offered through Nutrien Financial. The Retail segment also manufactures and distributes proprietary products and provides services directly to farmers through a network of retail locations in North America, South America and Australia. Its upstream Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrient contained in the products that each segment produces and are supported by midstream activities, which include the global sales, freight, transportation and distribution of its products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nutrien Initiates Normal Course Issuer Bid
- Bid Launch: Nutrien has announced the initiation of a Normal Course Issuer Bid (NCIB) to repurchase up to 5% of its outstanding common shares, equating to 24,057,066 shares, reflecting the company's confidence in its stock and commitment to shareholders.
- Market Operation Details: The repurchase will occur across various trading platforms, including the Toronto Stock Exchange and the New York Stock Exchange, with a daily purchase limit set at 25% of the average daily trading volume to maintain market stability.
- Previous Buyback Success: As of February 17, 2026, Nutrien repurchased 8,708,901 shares under its prior NCIB at an average price of $58.56 per share, totaling $510 million, indicating a proactive approach to capital management.
- Future Outlook: The new buyback plan is set to commence on March 3, 2026, and will last until March 2, 2027, or until the maximum allowable shares are acquired, further enhancing the company's commitment to returning value to shareholders.
See More
BNP Paribas Downgrades Nutrien to Neutral Amid Fertilizer Market Headwinds
- Rating Downgrade: BNP Paribas Exane downgraded Nutrien (NTR) from Outperform to Neutral, arguing that despite strong stock performance, the fertilizer market, particularly nitrogen, faces increasing headwinds that limit further upside potential.
- Nitrogen Market Outlook: The report warns that tight conditions in global nitrogen markets are likely to ease by 2026, as early-year supply constraints pushed urea prices above the industry cost curve, but the resumption of gas supply to Iranian producers and the expected restart of Chinese exports may improve global balances.
- Demand Risks: While potash demand has shown resilience in the near term, BNP Paribas forecasts a potential 2% decline in potash volumes by 2026 due to tightening farmer economics, with weaker demand from Southeast Asia potentially offsetting replenishment buying from countries like China and Brazil.
- Financial Outlook: BNP Paribas maintains a $76 price target based on a sum-of-the-parts valuation, projecting 2026 and 2027 EBITDA estimates modestly below consensus, reflecting a cautious view on pricing and margins amid the current market dynamics.
See More
Nutrien Executives to Speak at Key Conferences
- Conference Schedule: Nutrien's CEO Ken Seitz will speak at the BMO 35th Global Metals, Mining and Critical Minerals Conference on February 24 at 8:00 AM, showcasing the company's leadership in the agricultural sector.
- Financial Executive Participation: Nutrien's CFO Mark Thompson will address the 2026 BofA Global Agriculture and Materials Conference on February 25 at 7:30 AM, further emphasizing the company's strategic direction in agricultural materials.
- Video Streaming: Both conferences will feature fireside chats available via video stream on Nutrien's official website, enhancing interaction and transparency between the company and its investors.
- Company Background: Nutrien is a leading global provider of crop inputs and services, committed to meeting growers' needs through an efficient production and distribution network, emphasizing long-term value creation and stakeholder relationship maintenance.
See More
NUTRIEN LTD: BMO Increases Price Target from $75 to $85
- Company Announcement: Nutrien Ltd. has raised its price target for BMO to $85 from $75.
- Market Impact: This adjustment reflects a positive outlook on BMO's performance and potential growth in the market.
See More
Nutrien Anticipates Increased Potash Demand in 2026
- Potash Demand Outlook: Nutrien expects increased potash demand in 2026 due to large crops in 2025, even as farmers cut back on phosphate fertilizer, indicating a growing reliance on potash that could drive sales growth for the company.
- Sales Volume Forecast: The company anticipates full-year potash sales volumes between 14.1 million and 14.8 million metric tons, with CFO Mark Thompson noting that benchmark prices across major markets are approximately 20% higher than last year, reflecting strong market demand.
- North American Market Drivers: CEO Ken Seitz stated that North American potash sales will be driven by the need to replenish soil nutrients following record crop yields, suggesting sustained demand for potash in the market.
- Phosphate Business Review: Nutrien is still conducting a strategic review of its phosphate business, which may lead to operational changes, partnerships, or a sale, reflecting the company's strategic considerations in optimizing its product portfolio and enhancing profitability.
See More
ClearBridge Canadian Equity Strategy Underperforms in Q4 2025
- Underperformance: The ClearBridge Canadian Equity Strategy underperformed the S&P/TSX Composite TRI in Q4 2025, primarily due to negative security selection and weak sector allocation, leading to decreased investor confidence that may affect future capital inflows.
- New Investment: During Q4 2025, the fund initiated a new position in Thomson Reuters (NASDAQ:TRI), indicating confidence in the company's growth potential despite the overall unfavorable market conditions.
- Exits from Investments: In the same quarter, the fund exited its positions in Nutrien (NYSE:NTR) and Saputo (SAPIF), reflecting a cautious outlook on these companies, possibly based on market changes or fundamental considerations.
- Market Dynamics: Thomson Reuters' stock multiple is unlikely to see significant movement until the AI debate is resolved, indicating the market's sensitivity to tech stocks, which may influence investor decisions and the fund's overall performance.
See More
Nutrien Initiates Normal Course Issuer Bid
- Bid Launch: Nutrien has announced the initiation of a Normal Course Issuer Bid (NCIB) to repurchase up to 5% of its outstanding common shares, equating to 24,057,066 shares, reflecting the company's confidence in its stock and commitment to shareholders.
- Market Operation Details: The repurchase will occur across various trading platforms, including the Toronto Stock Exchange and the New York Stock Exchange, with a daily purchase limit set at 25% of the average daily trading volume to maintain market stability.
- Previous Buyback Success: As of February 17, 2026, Nutrien repurchased 8,708,901 shares under its prior NCIB at an average price of $58.56 per share, totaling $510 million, indicating a proactive approach to capital management.
- Future Outlook: The new buyback plan is set to commence on March 3, 2026, and will last until March 2, 2027, or until the maximum allowable shares are acquired, further enhancing the company's commitment to returning value to shareholders.
See More
BNP Paribas Downgrades Nutrien to Neutral Amid Fertilizer Market Headwinds
- Rating Downgrade: BNP Paribas Exane downgraded Nutrien (NTR) from Outperform to Neutral, arguing that despite strong stock performance, the fertilizer market, particularly nitrogen, faces increasing headwinds that limit further upside potential.
- Nitrogen Market Outlook: The report warns that tight conditions in global nitrogen markets are likely to ease by 2026, as early-year supply constraints pushed urea prices above the industry cost curve, but the resumption of gas supply to Iranian producers and the expected restart of Chinese exports may improve global balances.
- Demand Risks: While potash demand has shown resilience in the near term, BNP Paribas forecasts a potential 2% decline in potash volumes by 2026 due to tightening farmer economics, with weaker demand from Southeast Asia potentially offsetting replenishment buying from countries like China and Brazil.
- Financial Outlook: BNP Paribas maintains a $76 price target based on a sum-of-the-parts valuation, projecting 2026 and 2027 EBITDA estimates modestly below consensus, reflecting a cautious view on pricing and margins amid the current market dynamics.
See More
Nutrien Executives to Speak at Key Conferences
- Conference Schedule: Nutrien's CEO Ken Seitz will speak at the BMO 35th Global Metals, Mining and Critical Minerals Conference on February 24 at 8:00 AM, showcasing the company's leadership in the agricultural sector.
- Financial Executive Participation: Nutrien's CFO Mark Thompson will address the 2026 BofA Global Agriculture and Materials Conference on February 25 at 7:30 AM, further emphasizing the company's strategic direction in agricultural materials.
- Video Streaming: Both conferences will feature fireside chats available via video stream on Nutrien's official website, enhancing interaction and transparency between the company and its investors.
- Company Background: Nutrien is a leading global provider of crop inputs and services, committed to meeting growers' needs through an efficient production and distribution network, emphasizing long-term value creation and stakeholder relationship maintenance.
See More
NUTRIEN LTD: BMO Increases Price Target from $75 to $85
- Company Announcement: Nutrien Ltd. has raised its price target for BMO to $85 from $75.
- Market Impact: This adjustment reflects a positive outlook on BMO's performance and potential growth in the market.
See More
Nutrien Anticipates Increased Potash Demand in 2026
- Potash Demand Outlook: Nutrien expects increased potash demand in 2026 due to large crops in 2025, even as farmers cut back on phosphate fertilizer, indicating a growing reliance on potash that could drive sales growth for the company.
- Sales Volume Forecast: The company anticipates full-year potash sales volumes between 14.1 million and 14.8 million metric tons, with CFO Mark Thompson noting that benchmark prices across major markets are approximately 20% higher than last year, reflecting strong market demand.
- North American Market Drivers: CEO Ken Seitz stated that North American potash sales will be driven by the need to replenish soil nutrients following record crop yields, suggesting sustained demand for potash in the market.
- Phosphate Business Review: Nutrien is still conducting a strategic review of its phosphate business, which may lead to operational changes, partnerships, or a sale, reflecting the company's strategic considerations in optimizing its product portfolio and enhancing profitability.
See More
ClearBridge Canadian Equity Strategy Underperforms in Q4 2025
- Underperformance: The ClearBridge Canadian Equity Strategy underperformed the S&P/TSX Composite TRI in Q4 2025, primarily due to negative security selection and weak sector allocation, leading to decreased investor confidence that may affect future capital inflows.
- New Investment: During Q4 2025, the fund initiated a new position in Thomson Reuters (NASDAQ:TRI), indicating confidence in the company's growth potential despite the overall unfavorable market conditions.
- Exits from Investments: In the same quarter, the fund exited its positions in Nutrien (NYSE:NTR) and Saputo (SAPIF), reflecting a cautious outlook on these companies, possibly based on market changes or fundamental considerations.
- Market Dynamics: Thomson Reuters' stock multiple is unlikely to see significant movement until the AI debate is resolved, indicating the market's sensitivity to tech stocks, which may influence investor decisions and the fund's overall performance.
See More
