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Toronto-listed Nutrien is to increase potash production following disruptions caused to the market by sanctions on Russia and Belarus. The firm will also spend an additional $2 billion on share repurchases.
Nutrien to lift potash output
The additional share purchase will bring total shareholder payments to around $4 billion this year under its existing normal course issuer bid.
Nutrien tells potash market it will try to compensate for market disruptions caused by Moscow
Nutrien in US$1 billion senior notes raise
Mosaic Company hit by Hurricane Ian
Mosaic hides cards in potash chicken game
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