FCX · 10-Q · 2026Q2 · Full report

Capital Return Program

FREEPORT-MCMORAN INC · 2026-08-06 · Importance 40 · Surprise 42 · From source text

FCX repurchased 3.4 million common shares for $203 million during the first six months of 2026 at an average price of $59.30 per share. Through July 31, 2026, cumulative repurchases totaled 55.4 million shares at an average cost of $39.80 per share. The company had $2.8 billion remaining under its $5.0 billion share repurchase authorization as of July 31, 2026. Repurchases reduced available cash while diluted weighted-average shares remained 1.444 billion for the first half of 2026.

Key facts

• As of July 31, 2026, we have acquired a total of 55.4 million shares for $39.80 average cost per share and have $2.8 billion available under our $5.0 billion share repurchase program. source
• During the first six months of 2026, we acquired 3.4 million shares of our common stock for a total cost of $203 million ($59.30 average cost per share). source
• In the first six months of 2026, we acquired 3.4 million shares of our common stock for a total cost of $203 million ($59.30 average cost per share) under our share repurchase program. source
• In the first six months of 2025, we acquired 2.9 million shares of our common stock for a total cost of $107 million ($36.41 average cost per share). source
• Refer to Note 4 for further discussion of shares acquired in the first six months of 2026 under our $5.0 billion share repurchase program. source

Impact estimates