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Fortescue (ASX:FMG) Net Issuance of Preferred Stock : A$0 Mil (TTM As of Dec. 2023)


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What is Fortescue Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

Fortescue's net issuance of preferred for the six months ended in Dec. 2023 was A$0 Mil. The number is 0, which means that Fortescue has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

Fortescue's net issuance of preferred for the trailing twelve months (TTM) ended in Dec. 2023 was A$0 Mil.


Fortescue Net Issuance of Preferred Stock Historical Data

The historical data trend for Fortescue's Net Issuance of Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortescue Net Issuance of Preferred Stock Chart

Fortescue Annual Data
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Net Issuance of Preferred Stock
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Fortescue Semi-Annual Data
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Fortescue Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fortescue Net Issuance of Preferred Stock Related Terms

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Fortescue (ASX:FMG) Business Description

Industry
Traded in Other Exchanges
Address
87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

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