ArcelorMittal announces the completion of its fifth share buyback program
December 29 2021 - 8:15AM
29 December 2021,
14:15
CET
ArcelorMittal (the ‘Company’) today announces that it has
completed the fifth share buyback program announced on 17 November
2021 under the authorization given by the annual general meeting of
shareholders of 8 June 2021 (the ‘2021 AGM Authorization’).
By market close on 28 December 2021, ArcelorMittal had
repurchased 34,080,049 shares for a total value of €885,729,034.96
(equivalent to US$999,999,819.63) at an approximate average price
per share of €25.99. 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 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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