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New York-listed fertilizer firm Mosaic Company has approved a new US$2 billion share repurchase programme on the back of increased free cash flows.
Mosaic to return $2 billion to shareholders
Mosaic expects to return all of its 2022 free cash flow, after debt reduction commitments are met, to shareholders through a combination of share repurchases and dividends, the Florida-based firm
The announcement comes a day after rejected Cliffs offer
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