- Nutrien (TSX:NTR:CA) (NYSE:NTR) said Tuesday that the Toronto Stock Exchange has accepted its notice to commence a normal course issuer bid.
- Under NCIB, the company may purchase outstanding common shares representing up to five percent of its issued and outstanding common shares.
- The company will repurchase up to 24,728,159 of its outstanding common shares pursuant to the NCIB, which will be cancelled.
- Purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative trading systems in Canada and the U.S.
- The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by the company.
- Nutrien said it believes that purchasing its own common shares represents an attractive investment opportunity, is in the best interests of the company and is consistent with its objective of returning capital to shareholders over…
Nutrien gets TSX nod to conduct NCIB (NYSE:NTR)
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