As of now, Nufarm Limited (ASX: NUF) has not announced any new capital raising initiatives in 2025. The company's most recent equity raising occurred in 2017, when it launched a $303 million entitlement offer to strengthen its balance sheet and support growth strategies. abl.com.auIn the current context, Nufarm is focusing on a strategic review of its Seed Technologies division, which has underperformed, leading to a 71% decline in EBIT to $15.9 million. This review includes exploring potential divestment options. Major shareholders, including Allan Gray, L1 Capital, and Tanarra Capital, who collectively hold about 30% of Nufarm's shares, are advocating for a potential sale of the company rather than pursuing additional external funding for the Seed Technologies division. theaustralian.com.auWhile a capital raise could be considered in the future, especially if the strategic review does not yield favorable outcomes, there is no current indication from Nufarm regarding such plans.
NUF Price at posting:
$2.13 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)