Freeport-McMoRan Inc. Ranks 85th in Trading Volume with 8.12 Billion Shares Exchanged

Generated by AI AgentAinvest Market Brief
Wednesday, Mar 26, 2025 7:49 pm ET1min read
FCX--

On March 26, 2025, Freeport-McMoRan Inc.FCX-- (FCX) experienced a trading volume of 8.12 billion, ranking 85th in the day's stock market activity. The stock price decreased by 3.53%.

Freeport-McMoRan Inc. announced that its Board of Directors declared cash dividends of $0.15 per share on its common stock, payable on May 1, 2025. This dividend includes a base dividend of $0.075 per share and a variable dividend of $0.075 per share, aligned with the company's performance-based payout policy. This declaration reflects the company's commitment to returning value to its shareholders.

Freeport-McMoRan is targeting an annual run rate of 300 million pounds by the end of this year and a long-term target of 800 million pounds by 2030. This strategic goal underscores the company's focus on increasing production and enhancing operational efficiency, which could positively impact its stock performance in the long run.

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