The Mosaic Company today released its financial results for the fourth quarter and full year of 2019. The company's earnings release and supplemental materials are available via www.mosaicco.com/investor/financialdata. Mosaic will conduct a conference call on Thursday, February 20, 2019, at 9:00 a.m. Eastern Time to discuss fourth quarter 2019 [...]
The Company to Impair Phosphates Segment Goodwill The Mosaic Company today announced that it intends to keep its Colonsay potash mine idled for the foreseeable future. The mine will be placed in care and maintenance mode, employing minimal staff and allowing for resumption of operations when needed to meet customers' needs. "The ramping up of our [...]
The Mosaic Company plans to release 2019 full year and fourth quarter earnings results on Wednesday, February 19, 2020 after the market close of the New York Stock Exchange. The company will issue a news wire alert when the earnings materials are publicly available on the company's website at www.mosaicco.com/investor/financialdata. Historical [...]
The Mosaic Company announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company’s common stock. The dividend will be paid on March 19, 2020, to stockholders of record as of the close of business on March 5, 2020. The declaration and payment of any future dividends is subject to approval by [...]
The Mosaic Company today announced that it intends to reduce fertilizer production until markets improve. The company plans to decrease phosphate production at its Central Florida facilities by 150,000 tonnes per month, in addition to the 500,000 tonne reduction it implemented in the second half of 2019 primarily in Louisiana, and will continue to [...]
The Mosaic Company was recently named to Newsweek’s 2020 list of America’s Most Responsible Companies. Ranked 109 out of 300, Mosaic earned this recognition due to sustainability disclosure practices and performance with key environmental, social and governance indicators. The achievement is validation of Mosaic’s commitments in [...]
The Mosaic Company has announced that company executives will present at two upcoming conferences. Clint Freeland, Mosaic’s Senior Vice President and Chief Financial Officer and Andy Jung, Mosaic’s Vice President Market and Strategic Analysis will participate in a fireside chat at the Morgan Stanley Global Chemicals and Agriculture [...]
The Mosaic Company today announced that its third quarter financial results reflect the expected strong performance of Potash and Mosaic Fertilizantes, but were negatively impacted by lower than expected Phosphates segment gross margins. The company has announced a series of actions to temporarily lower production in both phosphates and potash to [...]
The Mosaic Company today announced two changes to its Senior Leadership Team, effective November 15, 2019: Corrine Ricard, currently Senior Vice President—Commercial, has been named Senior Vice President—Brazil. Ms. Ricard joined a Mosaic predecessor in 1986 and has served in a variety of leadership roles in Commercial, Supply Chain [...]
The Mosaic Company announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company’s common stock. The dividend will be paid on December 19, 2019, to stockholders of record as of the close of business on December 5, 2019. The declaration and payment of any future dividends is subject to approval by [...]
The Mosaic Company announced today that it will temporarily curtail production at its Esterhazy mine, which when combined with a previously announced potash curtailment, brings total curtailments to up to 600,000 tonnes. The curtailment is not expected to impact the pace of development at the Esterhazy mine K3 project. The increased curtailment is [...]
In advance of upcoming investor meetings, The Mosaic Company today announced that it will execute several strategic actions: The company plans to initiate $250 million in stock repurchases under its existing share repurchase authorization, which has $850 million of remaining capacity. “Mosaic’s stock currently presents an exceptional [...]