The Mosaic Company Buyback
OLI recorded this information on 11/4/2021
The Mosaic Company
Share Amount Authorized:
The Mosaic Company (NYSE:MOS) today announced that Vale S.A. and its affiliate (together, the "Selling Stockholder") intend to offer for sale in an underwritten secondary offering 34,176,574 shares of common stock of Mosaic, pursuant to a registration statement filed by Mosaic with the U.S. Securities and Exchange Commission (the "SEC"). The 34,176,574 shares represent all of the shares of common stock of Mosaic owned by the Selling Stockholder. No shares are being sold by Mosaic. The Selling Stockholder will receive all of the proceeds from this offering.
Mosaic is a producer and marketer of concentrated phosphate and potash crop nutrients. Co.'s reportable business segments: Phosphates, which owns and operates mines and production facilities in Florida that produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana that produce concentrated phosphate crop nutrients; Potash, which mines and processes potash in Canada and the U.S. and sells potash in North America and internationally; and Mosaic Fertilizantes, which produces and sells concentrated phosphates crop nutrients, phosphate-based animal feed ingredients and potash fertilizer.
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Buy (3.00 out of 4)