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Share Repurchases
12 Months Ended
Dec. 31, 2021
Share Repurchases [Abstract]  
Share Repurchases [Text Block] SHARE REPURCHASES
In August 2021, our Board of Directors authorized a new $1.0 billion share repurchase program (the “2021 Repurchase Program”), replacing our 2015 Repurchase Program. The 2021 Repurchase Program allows the Company to repurchase shares of our Common Stock, through open market purchases, accelerated share repurchase arrangements, privately negotiated transactions or otherwise and has no set expiration date. In connection with this authorization, the remaining amount of $700 million authorized under 2015 Repurchase Program was terminated.
During the year ended December 31, 2021, under the 2021 Repurchase Program, we repurchased 11,200,371 shares of Common Stock for a total of approximately $410.9 million. This includes 8,544,144 shares we purchased in an underwritten secondary offering by Vale S.A. when they fully divested their interest in Mosaic.
The extent to which we repurchase our shares and the timing of any such repurchases depend on a number of factors, including market and business conditions, the price of our shares, and corporate, regulatory and other considerations.