ArcelorMittal begins new share buyback program of up to 10 million shares

From Nasdaq: 2025-04-07 05:59:00

ArcelorMittal S.A. (MT) has started a new share buyback program of up to 10 million shares, aimed at reducing the company’s share capital. The first tranche of up to 10 million shares will be repurchased immediately, following approval at the AGM on April 30. The number of shares repurchased in each tranche will depend on the free cash flow after dividends. At least 50% of the post-dividend cash flow will be returned to shareholders. In pre-market trading, ArcelorMittal is down 5.42% to $23.40 on the Nasdaq.



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