ArcelorMittal (MT) Announces Share Buyback Authorization

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Go back to ArcelorMittal (MT) Announces Share Buyback Authorization

ArcelorMittal announces share buyback program

September 28, 2020 1:55 AM EDT

28 September 2020, 07:55 CET

ArcelorMittal today announces a share buyback program (the Program) under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the AGM Authorization).

For the background of this program, reference is made to our press release dated 28 September 2020 relating to the announcement of a definitive agreement pursuant to which Cleveland-Cliffs Inc will acquire 100% of the shares of ArcelorMittal USA for a combination of cash and... More