Bloomberg News

CF Open to Examining How It Returns Cash to Investors, CEO Says

August 07, 2013

CF Industries Holdings Inc. (CF:US), the U.S. fertilizer producer that hedge fund Third Point LLC said should raise its dividend, said it’s open to examining how the company returns cash to investors.

“Our analysis led us to the belief that executing share buybacks has been the best way for us to return cash to shareholders, especially since we believe that the earnings potential of the company is not fully reflected in the market price of our stock,” Chairman and Chief Executive Officer Stephen Wilson said today on the Deerfield, Illinois-based company’s second-quarter earnings conference call.

To contact the reporter on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net


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Companies Mentioned

  • CF
    (CF Industries Holdings Inc)
    • $242.34 USD
    • -5.38
    • -2.22%
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