We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.17 | 0.72% | 23.64 | 23.60 | 23.86 | 23.95 | 23.55 | 23.81 | 2,185,626 | 16:40:00 |
From Apr 2023 to Apr 2024
By Pierre Bertrand
ArcelorMittal on Thursday said that it will start a new share buyback program for up to 85 million shares through May 2025.
The new buyback comes as the Luxembourg-based steelmaker said that it had already repurchased 19.1 million shares so far this year and completed its previously announced buyback program. It added that this brought the total reduction in diluted share count since Sept. 30, 2020 to 31%.
"We remain confident in our ability to generate healthy free cash flow this year and have therefore announced a new share buyback today," Chief Executive Officer Aditya Mittal said.
ArcelorMittal said the level of its share repurchases will reflect, and will be subject to, the level of post-dividend free cash flow generated over the period.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
May 04, 2023 04:18 ET (08:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year ArcelorMittal Chart |
1 Month ArcelorMittal Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
