PT Freeport Indonesia announced today that it has priced an offering of $3.0 billion of senior notes . Following is a summary of the three tranches of debt: Description Amount Maturity 4.763% Senior Notes $750.0 Due April 14, 2027 5.315% Senior Notes $1,500.0 Due April 14, 2032 6.200% Senior Notes $750.0 Due April 14, 2052 Total $3,000.0 The Notes [...]
PT Freeport Indonesia announced today that it intends to offer one or more series of U.S. Dollar denominated senior notes , subject to market and other conditions . PT-FI intends to use the net proceeds from the Notes Offering to finance its smelter projects, refinancing and for general corporate purposes. The Notes are expected to be rated "Baa3 [...]
Freeport-McMoRan Inc. announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on May 2, 2022, to shareholders of record as of April 14, 2022. These dividends are being paid consistent with FCX's performance-based payout framework, which includes a base and variable dividend, announced in [...]
Freeport-McMoRan Inc. today announced that it has posted its fourth-quarter and year ended 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 [...]
Freeport-McMoRan Inc. announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on February 1, 2022, to shareholders of record as of January 14, 2022. This payment includes a $0.075 per share quarterly base cash dividend and a $0.075 per share variable cash dividend. As previously disclosed [...]
Freeport-McMoRan Inc. announced today the appointment of Hugh Grant to its Board of Directors. Mr. Grant is the retired Chairman of the Board and Chief Executive Officer of Monsanto Company, a global provider of technology-based solutions and agricultural products. He served in this role from 2003 until the merger of Monsanto Company and Bayer AG [...]
Freeport-McMoRan Inc. announced today the appointment of Maree E. Robertson as Senior Vice President and Chief Financial Officer effective March 1, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211102005748/en/ Maree E. Robertson In this role, Maree will assume responsibility for [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]