Mosaic announced that its Board of Directors has authorized a stock repurchase plan on Monday, August 1st 2022, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 10.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.