Mosaic announces $400 million accelerated share repurchase program

Tampa, fl / accesswire / february 24, 2022 / the mosaic company (nyse:mos) today announced that it has entered into an accelerated share repurchase ("asr") agreement with goldman sachs & co. llc ("goldman sachs") to repurchase $400 million of mosaic's common stock. under the asr agreement, mosaic will make a payment of $400 million to goldman sachs and will receive an initial delivery of approximately 7.1 million shares of mosaic's common stock on february 28, 2022.
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