Today, The Mosaic Company announced broad-reaching, global sustainability targets to support its environmental, social and governance performance. Acting Responsibly is a strategic priority at Mosaic, and these 2025 targets are an important next step in the company's sustainability journey. Within the focus areas of People, Environment, Society and Company, Mosaic's ESG targets reaffirm the company's commitment to [...]
Maintains Approximately $1 Billion In Cash The Mosaic Company , announced that it has repaid the $400 million drawn from its revolving credit facility in March. After repayment, the company retains approximately $3 billion in liquidity, including approximately $1 billion in cash and $2 billion in unused committed revolving credit capacity. "When we originally accessed our line of credit, our desire was to build the [...]
The Mosaic Company today announced that Gretchen Watkins, President of Shell Oil Company, has been elected to the company's Board of Directors. "Gretchen has built an extraordinary career in the energy industry," said Gregory Ebel, Chairman of the Board of The Mosaic Company. "The Board of Directors looks forward to benefitting from her global experience, her deep understanding of commodities and her strong operations [...]
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 June 18, 2020, to stockholders of record as of the close of business on June 4, 2020. The declaration and payment of any future dividends is subject to approval by Mosaic's Board of Directors. There can be no assurance that the Company's Board of [...]
The Mosaic Company has announced that Joc O'Rourke, Mosaic's President and Chief Executive Officer will present at the Bernstein 36th Annual Strategic Decisions Conference on Wednesday, May 27, 2020, at 3:30 p.m. Eastern Time. Rick McLellan, Senior Vice President Commercial will also be available to respond to questions. The events will be webcast live, and available on the Company's website at www.mosaicco.com/investors [...]
The Mosaic Company , at approximately 5:00 p.m. Eastern, May 12, 2020 posted to its website a draft presentation that included forward looking material non-public information that was both dated and incorrect. The company did not and does not intend to provide forward looking information to the public. While that presentation was removed as soon as the error was noticed, the analytics show that it was viewed. About The [...]
The Mosaic Company announced its April 2020 sales revenue and sales volumes by business unit. Potash April 2020 April 2019 Sales Volumes in thousands of tonnes 914 641 Sales Revenues in millions $200 $179 Mosaic Fertilizantes April 2020 April 2019 Sales Volumes in thousands of tonnes 592 531 Sales Revenues in millions $173 $202 Phosphates April 2020 April 2019 Sales Volumes in thousands of tonnes 751 613 Sales Revenues in [...]
The Mosaic Company has announced that company executives will present at two upcoming conferences. Clint Freeland, Senior Vice President and Chief Financial Officer and Jenny Wang, Vice President Global Product Management and International Distribution will participate in a virtual fireside chat at the BMO Global Farm to Market Conference on Wednesday, May 13, 2020, at 8:00 a.m. Eastern Time. Mr. Freeland and Ms. Wang [...]
Lawsuit charges mining giant, real estate developers failed to warn homeowners about contamination Homeowners in two central Florida neighborhoods built atop abandoned phosphate mines have filed a federal lawsuit against The Mosaic Company , charging that the Minnesota-based company, as well as two real estate developers who are also defendants, failed to warn residents about widespread contamination in neighborhoods that [...]
The Mosaic Company today released its financial results for the first quarter of 2020. The company's earnings release, prepared comments and supplemental materials are available at www.mosaicco.com/investor/financialdata. Mosaic will present a fireside chat addressing investor questions during a conference call on Tuesday, May 5, 2020, at 11:00 a.m. Eastern Time, accessible both through Mosaic's website at [...]
The Mosaic Company plans to release 2020 first quarter earnings results on Monday, May 4, 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. The company is changing the timing and process of its earnings release to align with the company's actions to [...]
Today, The Mosaic Company announced wide-ranging investments to help communities manage through the coronavirus pandemic. "Mosaic has a long history of investing to ensure communities where we work and live stay vibrant. Our communities need urgent help to deal with the pandemic, and we are pleased to do our part by donating resources to address the most critical needs of each community," said Senior Vice President Ben [...]