14.02.2014 22:18:58

Mosaic Reaches Deal To Purchase 8.2 Mln Additional Class A Shares

(RTTNews) - Mosaic Co. (MOS) said Friday that it has entered into share repurchase agreements with certain Cargill family trusts to purchase about 8.2 million shares of Class A stock.

The repurchases are included under the $1 billion share repurchase authorization announced February 11.

The deals are structured in two tranches. The first purchase, about 2.4 million shares, was completed today, February 14 at a price of $46.43 per share. The second purchase, of about 5.8 million shares is scheduled for March 17, with a per share price based on a formula tied to the volume weighted average price of Mosaic's common stock during a 20-day trading period beginning February 14.

Analysen zu The Mosaic Comehr Analysen

27.02.23 The Mosaic Hold Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)
24.02.23 The Mosaic Overweight JP Morgan Chase & Co.
Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

The Mosaic Co 24,17 -0,68% The Mosaic Co