Mosaic Stock Price, News & Analysis

The Mosaic Company (NYSE:MOS) has committed a $100,000 donation to Florida A&M University (FAMU) to enhance student experiences and future leadership opportunities in agriculture and mining. The partnership includes hosting interns, engaging engineering students on projects, and providing mentoring from senior leaders. FAMU's President, Larry Robinson, emphasized the benefits for students, while SBI Dean Shawnta Friday-Stroud highlighted the commitment to increasing diversity in leadership. This initiative aligns with Mosaic's mission to support food security and sustainable practices globally.

The Mosaic Company (NYSE:MOS) will release its 2021 fourth quarter and full year earnings results on February 22, 2022, post-market hours. Following this, a conference call will be held on February 23 at 11:00 a.m. ET to discuss the results and address questions. Investors can access the call via webcast on Mosaic's website, with an audio replay available for one year. Details for the call include a dial-in number and conference ID.

For further information about Mosaic, visit www.mosaicco.com.

The Mosaic Company (NYSE:MOS) appointed Yijun "Jenny" Wang as SVP-Global Strategic Marketing, effective January 1, 2022. Previously VP-Global Strategic Marketing, Wang has over a decade of experience at Mosaic, focusing on pricing strategy and product placement for phosphate and potash globally. Her leadership is deemed vital for strengthening Mosaic's market position, especially in China and India. Wang has a strong background in agriculture, having previously held leadership roles at Syngenta.

The Mosaic Company (NYSE:MOS) has declared a quarterly dividend of $0.1125 per share on its common stock. The dividend payment is scheduled for March 17, 2022, to stockholders of record as of March 3, 2022. Future dividends will depend on the approval of the Board of Directors, and there is no guarantee of future declarations. Mosaic is a leading producer of phosphate and potash crop nutrients, serving the global agriculture industry.

The Mosaic Company reported its November 2021 sales revenue and volumes, indicating a decline in sales volumes for both Phosphates and Potash compared to November 2020. Phosphate volumes fell to 576,000 tonnes with revenues of $465 million, up from $312 million last year. Potash sales decreased to 644,000 tonnes, with revenues of $271 million, up from $162 million. The company maintains its fourth quarter sales volume guidance, expecting Phosphates to reach 1.8 to 1.9 million tonnes, and Potash to be between 2.0 to 2.1 million tonnes, despite port congestion impacting sales timing.

The Mosaic Company (NYSE:MOS) announced ambitious net-zero greenhouse gas emissions targets, aiming for Florida by 2030 and globally by 2040. This initiative focuses on reducing Scope 1 and Scope 2 emissions, critical for managing climate risks such as carbon pricing and severe weather. In addition to its 2025 ESG goals, Mosaic achieved a 10% reduction in GHG emissions and an 18% reduction in freshwater use since 2020. As global agricultural demand increases, fertilizers remain essential for crop yields without raising emissions. More details are available on their commitment to sustainability.

The Mosaic Company (NYSE:MOS) reported October 2021 sales revenue and volumes across its business segments: Phosphates, Potash, and Mosaic Fertilizantes. Phosphate sales volumes dropped to 569,000 tonnes with revenues increasing to $437 million compared to $294 million in October 2020. Potash sales volumes decreased to 665,000 tonnes, but revenue rose to $258 million from $180 million. Mosaic Fertilizantes saw a slight increase in sales volumes to 842,000 tonnes and revenue boosted to $500 million from $271 million. The company anticipates strong demand and increased pricing for Q4 2021.

The Mosaic Company (NYSE:MOS) has priced a secondary public offering of 34,176,574 shares by selling stockholder Vale S.A. for approximately $1.26 billion. Mosaic will not sell shares but plans to repurchase 8,544,144 shares, equating to 25% of the offering, at the same price as the underwriter's purchase. The offering is set to close on November 9, 2021. This strategic move is intended to enhance shareholder value while the company continues to navigate market conditions and growth opportunities in the fertilizer industry.

The Mosaic Company (NYSE:MOS) announced a secondary offering of 34,176,574 shares, solely from Vale S.A. and its affiliate. Mosaic will repurchase 25% (8,544,144 shares) of the offering at the same price received from the underwriter, Morgan Stanley. The offering is not conditioned on the repurchase. The shares represent all holdings of the Selling Stockholder. The transaction aims to enhance shareholder value, supporting future financial stability. No shares will be sold by Mosaic, and the Selling Stockholder will benefit from the proceeds.