Freeport-McMoRan Inc. announced today that its Board of Directors has approved a new share repurchase program authorizing repurchases of up to $3.0 billion of FCX common stock. The Board also approved the addition of a variable cash dividend on common stock for 2022 at an expected annual rate of $0.30 per share. The combined annual rate of the base dividend and the variable dividend is expected to total $0.60 per share [...]
Freeport-McMoRan Inc. announced today the appointment of Ryan M. Lance to its Board of Directors and as a member of the Corporate Responsibility Committee of the Board of Directors. Mr. Lance is the Chairman and Chief Executive Officer of ConocoPhillips, one of the world's largest independent exploration and production companies. He has 37 years of executive and operational experience in the oil and natural gas industry [...]
Freeport-McMoRan Inc. today announced that it has posted its third-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211021005538/en/ As previously indicated on its website, FCX will host a conference call [...]
Freeport-McMoRan Inc. announced today that a notice has been issued to redeem on December 1, 2021, all of its outstanding $524.0 million aggregate principal amount of 3.55% Senior Notes due 2022 , at a redemption price equal to 100% of the principal amount of the 3.55% Notes outstanding, plus accrued and unpaid interest to, but not including, the redemption date. On October 21, 2021, U.S. Bank National Association, as [...]
Freeport-McMoRan Inc. today announced the publication of its updated Climate Report which details the work underway across its global business to reduce greenhouse gas emissions, improve energy efficiency, advance the use of renewable energy and understand and enhance the company's resilience to future climate-related risks. The Climate Report reflects the company's continued progress towards alignment with the current [...]
Freeport-McMoRan Inc. announced today that its Board of Directors declared a cash dividend of $0.075 per share on FCX's common stock payable on November 1, 2021, to stockholders of record as of October 15, 2021. As previously reported on February 2, 2021, the Board adopted a financial policy for the allocation of cash flows aligned with FCX's strategic objectives of maintaining a strong balance sheet, increasing cash [...]
Freeport-McMoRan Inc. announced today the appointment of Marcela E. Donadio and Sara Grootwassink Lewis to its Board of Directors. Ms. Donadio retired as a partner of Ernst & Young LLP, a multinational professional services firm, in 2014. From 2007 until her retirement in 2014, she served as Americas Oil & Gas Sector Leader for Ernst & Young, with responsibility for one of the firm's significant industry groups. She [...]
Freeport-McMoRan Inc. today announced that it has posted its second-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210722005514/en/ As previously indicated on its website, FCX will host a conference call [...]
Freeport-McMoRan Inc. today announced that it has posted its first-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210422005587/en/ As previously indicated on its website, FCX will host a conference call [...]
Freeport-McMoRan Inc. today announced the publication of its 2020 Annual Report on Sustainability detailing its environmental, social and governance performance during the year. FCX has a long history of robust ESG programs and is continuously striving to embrace evolving stakeholder expectations and best practices. This report marks FCX's 20th year of reporting on its sustainability progress and FCX's first year [...]
Freeport-McMoRan Inc. announced today the appointment of David P. Abney and Robert "Bob" W. Dudley to its Board of Directors. Mr. Abney retired as Chairman and Chief Executive Officer of United Parcel Service, Inc., a multinational package delivery and supply chain management company in 2020. He served as CEO beginning in 2014 and previously served as the Chief Operating Officer of UPS. Mr. Abney had an accomplished and [...]
Freeport-McMoRan Inc. announced today that its Board of Directors declared a cash dividend of $0.075 per share on FCX's common stock payable on May 3, 2021, to stockholders of record as of April 15, 2021. As previously reported on February 2, 2021, the Board adopted a financial policy for the allocation of cash flows aligned with FCX's strategic objectives of maintaining a strong balance sheet, increasing cash returns to [...]