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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ArcelorMittal | EU:MT | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.46 | 1.95% | 24.00 | 24.00 | 24.01 | 24.07 | 23.81 | 23.81 | 698,090 | 12:40:11 |
By Sarah Sloat
ArcelorMittal on Thursday provided details on its share buyback plans and said it would resume paying a dividend.
The Luxembourg-based steel-and-mining company plans a share buyback of $570 million this year, it said. That comes in addition to the $650 million buyback in connection with its partial sale of a stake in Cleveland-Cliffs, which had already been announced and will begin Feb. 15.
The company also plans to pay a $0.30 dividend after suspending payouts last year.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
February 11, 2021 03:22 ET (08:22 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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