Freeport-McMoRan Trading Volume Drops 35 Percent to 242nd Rank Despite Stock Price Rise
On June 12, 2025, Freeport-McMoRan Inc.FCX-- (FCX) experienced a significant decline in trading volume, with a total turnover of $360 million, marking a 35.25% decrease from the previous day. This placed the company at the 242nd position in terms of trading volume for the day. The stock price of Freeport-McMoRan Inc. (FCX) rose by 0.41%.
During the annual meeting of stockholders held on June 11, 2025, Freeport-McMoRan Inc. (FCX) announced the approval of its 2025 Stock Incentive Plan. This new plan replaces the 2016 Stock Incentive Plan, which is set to expire in June 2026. The 2025 Stock Incentive Plan authorizes the issuance of up to 43,820,000 shares of common stock, subject to certain adjustments and less awards granted after April 1, 2025. The approval of this plan is expected to provide a new framework for stock-based compensation, potentially influencing employee incentives and aligning interests with stakeholders.
The meeting also saw the election of twelve directors, approval of executive compensation, and ratification of Ernst & Young LLP as the independent accounting firm for 2025. These developments are part of the company's ongoing efforts to enhance its corporate governance and strategic direction. The approval of the 2025 Stock Incentive Plan is a significant step in Freeport-McMoRan's efforts to attract and retain talent, as well as to align the interests of employees with those of shareholders.
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