other material
confidence high
sentiment positive
materiality 0.60
Mosaic enters $400M accelerated share repurchase agreement with Goldman Sachs
MOSAIC CO
- Enters ASR agreement with Goldman Sachs to repurchase $400M of common stock.
- Initial delivery of ~7.1M shares expected on Feb 28, 2022 (80% of estimated total based on $45.35 close).
- Final settlement anticipated in Q2 2022; total shares repurchased based on VWAP less discount.