Nufarm stock gains as Sumitomo buys South America

Published on 09/17/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nufarm stock rose 3.48 percent to AUD 3.27 on September 17, 2026. The company sold its South American crop protection and seed treatment business for USD 1,188 million.

Nufarm, AU000000NUF3, Illustration mit AI erstellt.

Nufarm stock (AU000000NUF3) traded at AUD 3.27 on September 17, 2026, after FNArena listed the name among the ASX winners with a 3.48 percent gain. The move followed Nufarm's agreement to sell its South American crop protection and seed treatment operations to Sumitomo Chemical for USD 1,188 million cash.

USD 1.188 billion sale

According to HortiDaily, Nufarm announced that the deal covers Brazil, Argentina, Colombia and Chile and is on a cash-free, debt-free basis, subject to customary net working capital adjustments. The company said the transaction will help it refocus on higher-margin parts of the business and support debt reduction.

The same release said Nufarm has extended existing commercial agreements with Sumitomo and entered new ones. It also said the South American business had built a strong distribution network and loyal customer base over the past five years.

Market reaction on ASX

FNArena's daily ASX ranking on September 17, 2026 showed NUF - Nufarm Limited at AUD 3.270, up 3.48 percent. The stock was listed among the day's biggest ASX300 gainers, which puts the sale news into a clear market context.

For investors, the key number is the USD 1,188 million disposal value against the 3.48 percent share-price reaction.

Price and trading view

Nufarm stock was at AUD 3.27 on the ASX on September 17, 2026. That level gives the shares a concrete reference point for the Sumitomo transaction and the current rerating debate.