REG-ArcelorMittal announces commencement of the second tranche of its 2025 to 2030 share buyback programme
ArcelorMittal announced the commencement of the second tranche of its share buyback program, targeting up to 10 million shares following the completion of the first 10 million share tranche at an average price of €49.32. The multi-year program, running through May 2030, utilizes post-dividend free cash flow to reduce share capital and meet obligations from employee share programs.
Key figures
- Revenue
- $61.4 billion
- First tranche shares
- 10000000
- First tranche avg price
- €49.32
- Steel production tonnes
- 55.6 million metric tonnes
- Second tranche shares max
- 10000000
- Iron ore production tonnes
- 48.8 million tonnes
- Post dividend fcf return policy
- 50%
AI analysis
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