Item 1A. Risk Factors.
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Item 1A. Risk Factors.
There have been no material changes to our risk factors previously disclosed in Part I, Item 1A. “Risk Factors” of our 2023 Form 10-K.
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds.
There were no unregistered sales of equity securities during the quarter ended March 31, 2024.
The following table sets forth information with respect to shares of FCX common stock purchased by us during the quarter ended March 31, 2024, 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 Programsa | (d) Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programsa | ||||||||||||||||||||||
| January 1-31, 2024 | — | $ | — | — | $ | 3,164,642,228 | ||||||||||||||||||||
| February 1-29, 2024 | — | — | — | 3,164,642,228 | ||||||||||||||||||||||
| March 1-31, 2024 | — | — | — | 3,164,642,228 | ||||||||||||||||||||||
| Total | — | — | — |
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.
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