ArcelorMittal announces the completion of its share buyback program
November 02 2020 - 8:45AM
2 November 2020, 14:45 CET
ArcelorMittal (‘the Company’) today announces it has completed
the share buyback program announced on September 28, 2020. By
market close on 30 October 2020, ArcelorMittal had repurchased
35,636,253 million shares for a total value of approximately
€424,927,793 (equivalent to US$499,999,991) at an approximate
average price per share of €11.92. All details are available on the
Company’s website at:
https://corporate.arcelormittal.com/investors/equity-investors/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 18 countries. In 2019, ArcelorMittal had revenues of U.S.$70.6
billion and crude steel production of 89.8 million metric tonnes,
while iron ore production reached 57.1 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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Europe |
+44 20 7543 1156 |
Americas |
+1 312 899 3985 |
Retail |
+44 20 7543 1156 |
SRI |
+44 20 7543 1156 |
Bonds/Credit |
+33 171 921 026 |
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Contact information ArcelorMittal Corporate
Communications |
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E-mail: |
press@arcelormittal.com |
Phone: |
+442076297988 |
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ArcelorMittal Corporate Communications |
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Paul Weigh |
+44 20 3214 2419 |
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