Nutrien Ltd. revealed in a statement today that it has gained approval from the Toronto Stock Exchange (TSX) to initiate a normal course issuer bid (NCIB). The bid allows the company to buy back up to five percent of its existing common shares. Nutrien will conduct purchases through the TSX, New York Stock Exchange, or alternative trading systems in Canada and the U.S. The company's common shares are listed on both the TSX and NYSE under the ticker symbol NTR.