Mosaic Stock Price, News & Analysis

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.

The Mosaic Company (NYSE:MOS) announced its financial results for the third quarter of 2021. The company continues to be a leading producer in the phosphate and potash crop nutrients sector. Investors can access detailed earnings releases and market updates on their website. A conference call is scheduled for November 2, 2021, at 11:00 a.m. Eastern Time to address investor questions. The earnings report is anticipated to provide insights on revenue, earnings per share (EPS), and growth strategies moving forward.

The Mosaic Company (NYSE:MOS) declared a quarterly dividend of $0.075 per share on October 20, 2021. This dividend is set to be paid on December 16, 2021, to shareholders recorded by the close of business on December 2, 2021. Future dividends are subject to the Board's approval, with no guarantee of declarations beyond this one.

Mosaic is a major producer of phosphate and potash fertilizers, catering to the global agriculture sector.

The Mosaic Company (NYSE:MOS) will release its 2021 third quarter earnings on November 1, 2021, after the market closes. Earnings materials will be available on the company's website, including commentary and performance data. A conference call is scheduled for November 2, 2021, at 11:00 a.m. ET, where leadership will discuss the results and answer questions. Investors can submit questions via email until 6:30 p.m. ET on November 1. The call will be accessible live and through a replay for one year.

The Mosaic Company (NYSE:MOS) reported its sales revenue and volumes for August 2021, showing mixed results across its business units. In Potash, sales volumes decreased to 610,000 tonnes from 741,000 tonnes year-on-year, but sales revenue rose to $196 million compared to $154 million in August 2020. Mosaic Fertilizantes also experienced a volume decline to 1,134,000 tonnes, while revenue increased to $602 million. Conversely, Phosphates faced a volume drop to 666,000 tonnes, but revenue surged to $465 million, up from $261 million the previous year.

The Mosaic Company (NYSE:MOS) disclosed that its North American phosphate operations will face disruptions due to Hurricane Ida, with repairs expected to take 8 to 9 weeks. An estimated production loss of approximately 300,000 tonnes is predicted in Q3, alongside ongoing production challenges. While Q4 operating rates may improve, they are anticipated to remain below historical levels. Additionally, navigational issues on the Mississippi River could hinder logistical operations during the busy fall application season. Mosaic also initiated a $100,000 disaster relief grant for affected communities.

The Mosaic Company (NYSE:MOS) has announced key financial maneuvers including a $1 billion share repurchase authorization, a significant paydown of $450 million in debt due November 2021, and the establishment of a $2.5 billion line of credit maturing in 2026. The new repurchase plan replaces the prior authorization, demonstrating the company's ongoing commitment to returning capital to shareholders while working to retire $1 billion of debt over time. These steps are supported by strong cash flow and aim to strengthen Mosaic's balance sheet.

The Mosaic Company (NYSE:MOS) declared a quarterly dividend of $0.075 per share on August 19, 2021. This dividend will be paid on September 16, 2021, to stockholders of record as of the close of business on September 2, 2021. Future dividends are subject to the Board of Directors' approval, and there is no assurance of continued dividends. The Mosaic Company is a leading producer of phosphate and potash crop nutrients, serving the global agriculture industry.

The Mosaic Company (NYSE:MOS) reported its July 2021 sales revenue and volumes across its business units. In Potash, sales volumes decreased to 629,000 tonnes from 743,000 tonnes in July 2020, while revenue rose to $191 million from $154 million. In Mosaic Fertilizantes, sales volumes slightly decreased to 1,197,000 tonnes from 1,201,000 tonnes, with revenue increasing to $585 million from $385 million. Phosphate sales volumes dropped to 597,000 tonnes from 676,000 tonnes, but revenue surged to $407 million from $233 million.