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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Arcelor Mittal New | NYSE:MT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.59% | 25.37 | 25.555 | 25.255 | 25.49 | 995,586 | 21:15:00 |
From Apr 2019 to Apr 2024
By Marc Bisbal Arias
ArcelorMittal (MT.AE) said Thursday that it will propose to shareholders that it changes the currency of its share capital to U.S. dollars from euros.
The steelmaker said the change would simplify the company's reporting process, given that it prepares its consolidated financial information in dollars and its parent uses it as its functional currency.
ArcelorMittal will hold a vote on the proposal at its extraordinary general meeting on May 16.
Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com
(END) Dow Jones Newswires
April 12, 2018 01:34 ET (05:34 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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