Freeport-McMoRan 2010 Annual Report Download - page 113

Investor Inquiries
The Investor Relations Department will be pleased to receive any
inquiries about the company. A link to our Annual Report on Form
10-K filed with the Securities and Exchange Commission, which
includes certifications of our Chief Executive Officer and Chief
Financial Officer and the company’s Principles of Business Conduct,
is available on our website. Additionally, copies will be furnished,
without charge, to any stockholder of the company entitled to vote
at its annual meeting, upon written request. The Investor Relations
Department can be contacted as follows:
Freeport-McMoRan Copper & Gold Inc.
Investor Relations Department
333 North Central Avenue
Phoenix, Arizona 85004
Telephone [phone]
www.fcx.com
Transfer Agent
Questions about lost certificates, lost or missing dividend checks,
or notifications of change of address should be directed to the
Freeport-McMoRan Copper & Gold Inc. transfer agent, registrar and
dividend disbursement agent:
BNY Mellon Shareowner Services
480 Washington Boulevard
Jersey City, New Jersey 07310-8015
Telephone [phone]
www.bnymellon.com/shareowner/isd
Notice of Annual Meeting
The annual meeting of stockholders will be held on June 15, 2011.
Notice of the annual meeting will be sent to stockholders. In
accordance with SEC rules, we will report the voting results of our
annual meeting on a Form 8-K that will be available on our website
(www.fcx.com).
FCX Common Stock
Our common stock trades on the New York Stock Exchange (NYSE)
under the symbol “FCX.” The FCX common stock price is reported
daily in the financial press under “FMCG” in most listings of NYSE
securities. At year-end 2010, the number of holders of record of our
common stock was 17, 5 4 2.
NYSE composite tape common stock price ranges during 2010
and 2009 were:
Common Stock Dividends
In December 2010, the Board of Directors declared a two-for-one
split of FCX common stock in the form of a stock dividend on issued
and outstanding shares effective February 1, 2011. All references to
common stock dividends have been adjusted to reflect the two-for-
one stock split.
In December 2008, the Board of Directors suspended the cash
dividend on our common stock; accordingly, there were no common
stock dividends paid in 2009. In October 2009, the Board of
Directors reinstated a cash dividend on our common stock. Below is
a summary of the common stock dividends declared and paid for the
quarterly periods of 2010 and the 2010 supplemental dividend:
In October 2010, the Board of Directors authorized an increase
in the cash dividend on our common stock to an annual rate of
$1.00 per share, payable quarterly at a rate of $0.25 per share
beginning February 1, 2011.
Tax Withholding – Nonresident Alien Stockholders
Nonresident aliens who own stock in a United States corporation are
generally subject to a federal withholding tax on 100 percent of the
dividends paid on preferred and/or common stock. However, when
80 percent or more of a corporation’s income is generated outside
the United States, the withholding percentage is not calculated
on 100 percent of the dividend, but rather on that portion of the
dividend attributable to income generated in the United States.
We have determined that, for quarterly dividends paid in 2010 to
nonresident alien stockholders, 100 percent of the dividend amount
was subject to federal withholding tax.
For quarterly dividends paid in 2011, we estimate that 100 percent
of the total dividend amount is subject to federal withholding tax
unless exempted by tax treaty. The withholding tax rate may also be
reduced by tax treaty.
If you have any questions, please contact the Investor
Relations Department.
FCX Beneficial Owner
The beneficial owner of more than five percent of our
outstanding common stock as of December 31, 2010,
is BlackRock, Inc. (7.8 percent).
Stockholder Information
2010 a 2009 a
High Low High Low
First Quarter $ 45.28 $ 33.02 $ 21.73 $ 10.58
Second Quarter 44.15 29.12 30.78 18.30
Third Quarter 43.96 28.36 36.72 21.60
Fourth Quarter 60.39 43.19 43.68 31.50
2010
Amount
per Share Record Date Payment Date
First Quarter $ 0.075 Jan. 15, 2010 Feb. 1, 2010
Second Quarter 0.075 Apr. 15, 2010 May 1, 2010
Third Quarter 0.150 July 15, 2010 Aug. 1, 2010
Fourth Quarter 0.150 Oct. 15, 2010 Nov. 1, 2010
Supplemental Dividend 0.500 Dec. 20, 2010 Dec. 30, 2010
FREEPORT-McMoRan COPPER & GOLD INC. 2010 Annual Report
111
a. Common share prices have been adjusted to reflect the February 1, 2011,
two-for-one stock split.