ArcelorMittal cancels 50 million treasury shares
23 September 2021 - 1:20AM
ArcelorMittal cancels 50 million treasury shares
22 September 2021, 17:20 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 50 million treasury shares to
keep the number of treasury shares within appropriate levels. This
cancellation takes into account the shares already purchased under
the US$2.2 billion share buyback announced on 29 July 2021.
As a result of this cancellation, ArcelorMittal will have
982,809,772 shares in issue (compared to 1,032,809,772 before the
cancellation).
Details on share buyback programs can be found at:
https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program
With reference to article 14 of the Luxembourg
law and the Grand Ducal regulation of 11 January 2008, on
transparency requirements for issuers of securities (“Transparency
Law”), ArcelorMittal announces that the total number of voting
rights and capital is available in the Luxembourg Stock Exchange’s
electronic database OAM on www.bourse.lu and on the Company’s
website under “Investors - Corporate Governance - Shareholding
structure”.
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