Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
There were no unregistered sales of equity securities during the quarter ended June 30, 2025.
The following table sets forth information with respect to shares of FCX common stock purchased by us during the quarter ended June 30, 2025 , and the approximate dollar value of shares that may yet be purchased pursuant to our share repurchase program:
Period (a) Total
Number of
Shares Purchased (b) Average
Price Paid Per Share (c) Total Number of
Shares Purchased as Part of Publicly Announced Plans or Programs a
(d) Approximate Dollar Value of Shares That May
Yet Be Purchased Under the Plans or Programs a
April 1-30, 2025 847,965 $ 29.48 847,965 $ 3,025,744,341
May 1-31, 2025 185,427 $ 37.75 185,427 $ 3,018,744,342
June 1-30, 2025 498,737 $ 40.10 498,737 $ 2,998,744,414
Total 1,532,129 $ 33.94 1,532,129
a. On November 1, 2021, our Board approved a share repurchase program authorizing repurchases of up to $3.0 billion of our common stock. On July 19, 2022, our Board authorized an increase in the share repurchase program up to $5.0 billion. The share repurchase program does not obligate us to acquire any specific amount of shares and does not have an expiration date.
Item 4. Mine Safety Disclosures.
Our highest priority is the health, safety and well-being of our workforce. We believe health and safety considerations are integral to, and fundamental for, all other functions in our organization, and we understand that the health and safety of our workforce is critical to our operational efficiency and long-term success. Our global health and safety strategy, “Safe Production Matters,” is focused on fatality prevention, eliminating systemic root causes of incidents and continuous improvement through robust management systems, which are supported by leaders empowering our teams to work safely. Foundational to our Safe Production Matters strategy is our Fatal Risk Management (FRM) program. The goal of our FRM program is to achieve zero workplace fatalities by strengthening preventive measures and raising awareness of fatal risks and the measures necessary to mitigate them. The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K is included in Exhibit 95.1 to this quarterly report on Form 10-Q.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.