ArcelorMittal cancels 70 million treasury shares
04 Agosto 2021 - 6:45PM
ArcelorMittal cancels 70 million treasury
shares
4 August 2021,
18:45 CET
In line with the authorisation granted by the Extraordinary
General Meeting of Shareholders held on 8 June 2021, the Board of
ArcelorMittal has decided to cancel 70 million treasury shares to
keep the number of treasury shares within appropriate levels. This
cancellation also takes into account the US$ 2.2 billion share
buyback announced on 29 July 2021.As a result of this cancellation,
ArcelorMittal will have 1,032,809,772 shares in issue (compared to
1,102,809,772 before the cancellation).
Details on share buyback programs can be found
at:https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program
Details on the US$ 2.2 billion buyback announced last week can
be found
here:https://corporate.arcelormittal.com/media/press-releases/arcelormittal-announces-new-2-2-billion-share-buyback-program
ENDS
About ArcelorMittal
ArcelorMittal is the world's leading steel and
mining company, with a presence in 60 countries and primary
steelmaking facilities in 17 countries. In 2020, ArcelorMittal had
revenues of $53.3 billion and crude steel production of 71.5
million metric tonnes, while iron ore production reached 58.0
million metric tonnes.
Our goal is to help build a better world with
smarter steels. Steels made using innovative processes which use
less energy, emit significantly less carbon and reduce costs.
Steels that are cleaner, stronger and reusable. Steels for electric
vehicles and renewable energy infrastructure that will support
societies as they transform through this century. With steel at our
core, our inventive people and an entrepreneurial culture at heart,
we will support the world in making that change. This is what we
believe it takes to be the steel company of the future.
ArcelorMittal is listed on the stock exchanges
of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and
on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and
Valencia (MTS).
For more information about ArcelorMittal please
visit: http://corporate.arcelormittal.com/
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Contact
information ArcelorMittal Investor Relations |
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General |
+44 20 7543
1128 |
Retail |
+44 20 3214
2893 |
SRI |
+44 20 3214
2801 |
Bonds/CreditE-mail |
+33 171 921
026investor.relations@arcelormittal.com |
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Contact
information ArcelorMittal Corporate Communications |
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Paul
WeighTel:E-mail: |
+44
20 3214 2419press@arcelormittal.com |
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