ArcelorMittal announces the commencement of a new share buyback program over the period 2025-2030
ArcelorMittal (MT) has announced a new share buyback program following the completion of its 85 million shares buyback program on April 2, 2025. The new program will run through May 2030, with the first tranche targeting up to 10 million shares starting immediately.
The total repurchase amount will be determined by post-dividend free cash flow (minimum 50% return policy), shareholder authorization, and market conditions. The acquired shares will primarily be used to reduce ArcelorMittal's share capital, meet employee share program obligations, fulfill exchangeable equity securities obligations, and other announced purposes.
ArcelorMittal, the largest steel producer in Europe, reported 2024 revenues of $62.4 billion, with production of 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore. The company operates in 60 countries with primary steelmaking operations in 15 countries.
ArcelorMittal (MT) ha annunciato un nuovo programma di riacquisto di azioni dopo il completamento del suo programma di riacquisto di 85 milioni di azioni il 2 aprile 2025. Il nuovo programma si estenderà fino a maggio 2030, con la prima tranche che prevede il riacquisto di fino a 10 milioni di azioni a partire immediatamente.
L'importo totale del riacquisto sarà determinato dal flusso di cassa libero post-dividendo (politica di ritorno minimo del 50%), dall'autorizzazione degli azionisti e dalle condizioni di mercato. Le azioni acquisite saranno utilizzate principalmente per ridurre il capitale sociale di ArcelorMittal, soddisfare gli obblighi del programma azionario per i dipendenti, adempiere agli obblighi dei titoli azionari convertibili e per altri scopi annunciati.
ArcelorMittal, il maggiore produttore di acciaio in Europa, ha riportato entrate 2024 di 62,4 miliardi di dollari, con una produzione di 57,9 milioni di tonnellate metriche di acciaio grezzo e 42,4 milioni di tonnellate di minerale di ferro. L'azienda opera in 60 paesi con operazioni principali di produzione di acciaio in 15 paesi.
ArcelorMittal (MT) ha anunciado un nuevo programa de recompra de acciones tras la finalización de su programa de recompra de 85 millones de acciones el 2 de abril de 2025. El nuevo programa se llevará a cabo hasta mayo de 2030, con la primera fase que apunta a hasta 10 millones de acciones comenzando de inmediato.
El monto total de la recompra se determinará por el flujo de caja libre post-dividendo (política de retorno mínimo del 50%), la autorización de los accionistas y las condiciones del mercado. Las acciones adquiridas se utilizarán principalmente para reducir el capital social de ArcelorMittal, cumplir con las obligaciones del programa de acciones para empleados, satisfacer las obligaciones de los valores de capital canjeables y otros fines anunciados.
ArcelorMittal, el mayor productor de acero en Europa, reportó ingresos de 2024 de 62,4 mil millones de dólares, con una producción de 57,9 millones de toneladas métricas de acero bruto y 42,4 millones de toneladas de mineral de hierro. La empresa opera en 60 países con operaciones principales de fabricación de acero en 15 países.
아르셀로미탈 (MT)은 2025년 4월 2일 8,500만 주의 자사주 매입 프로그램을 완료한 후 새로운 자사주 매입 프로그램을 발표했습니다. 새로운 프로그램은 2030년 5월까지 진행되며, 첫 번째 분할 매입은 즉시 시작되어 최대 1,000만 주를 목표로 합니다.
총 매입 금액은 배당금 지급 후 자유 현금 흐름(최소 50% 수익 정책), 주주 승인 및 시장 상황에 따라 결정됩니다. 매입된 주식은 주로 아르셀로미탈의 자본금을 줄이고, 직원 주식 프로그램 의무를 이행하며, 교환 가능한 자본 증권 의무를 충족하고, 기타 발표된 목적에 사용됩니다.
유럽 최대의 철강 생산업체인 아르셀로미탈은 2024년 수익이 624억 달러에 달하며, 5,790만 미터톤의 원자재 강철과 4,240만 톤의 철광석을 생산했습니다. 이 회사는 60개국에서 운영되며, 15개국에서 주요 철강 제조 작업을 수행하고 있습니다.
ArcelorMittal (MT) a annoncé un nouveau programme de rachat d'actions après l'achèvement de son programme de rachat de 85 millions d'actions le 2 avril 2025. Le nouveau programme se déroulera jusqu'en mai 2030, avec la première tranche visant jusqu'à 10 millions d'actions à partir de maintenant.
Le montant total du rachat sera déterminé par le flux de trésorerie libre après dividende (politique de retour minimum de 50 %), l'autorisation des actionnaires et les conditions du marché. Les actions acquises seront principalement utilisées pour réduire le capital social d'ArcelorMittal, répondre aux obligations du programme d'actions pour les employés, satisfaire aux obligations des titres de capital échangeables et à d'autres fins annoncées.
ArcelorMittal, le plus grand producteur d'acier en Europe, a rapporté des revenus de 2024 de 62,4 milliards de dollars, avec une production de 57,9 millions de tonnes métriques d'acier brut et 42,4 millions de tonnes de minerai de fer. L'entreprise opère dans 60 pays avec des opérations principales de production d'acier dans 15 pays.
ArcelorMittal (MT) hat ein neues Aktienrückkaufprogramm angekündigt, nachdem das bestehende Rückkaufprogramm über 85 Millionen Aktien am 2. April 2025 abgeschlossen wurde. Das neue Programm läuft bis Mai 2030, wobei die erste Tranche bis zu 10 Millionen Aktien sofort anvisiert.
Der Gesamtrückkaufbetrag wird durch den freien Cashflow nach Dividende (Mindest-Renditepolitik von 50 %), die Genehmigung der Aktionäre und die Marktbedingungen bestimmt. Die erworbenen Aktien werden hauptsächlich verwendet, um das Grundkapital von ArcelorMittal zu reduzieren, Verpflichtungen aus dem Mitarbeiteraktienprogramm zu erfüllen, Verpflichtungen aus wandelbaren Eigenkapitalwertpapieren zu erfüllen und für andere angekündigte Zwecke.
ArcelorMittal, der größte Stahlproduzent in Europa, berichtete von Umsätzen im Jahr 2024 von 62,4 Milliarden US-Dollar, mit einer Produktion von 57,9 Millionen metrischen Tonnen Rohstahl und 42,4 Millionen Tonnen Eisenerz. Das Unternehmen ist in 60 Ländern tätig und hat seine Hauptstahlproduktion in 15 Ländern.
- None.
- None.
Insights
ArcelorMittal's announcement of a new share buyback program through 2030 represents a significant capital return initiative that demonstrates management's confidence in the company's cash generation capability and commitment to shareholder value.
The new program follows the completion of an 85 million share repurchase initiative and begins with an immediate first tranche of up to 10 million shares. What's particularly notable is the company's policy to return a minimum of 50
With
The 5-year timeframe provides flexibility for the company to adjust repurchase timing based on steel industry cycles, potentially accelerating buybacks during downturns when shares may be undervalued. This disciplined, long-term approach to capital returns creates a floor for shares while maintaining balance sheet flexibility for the company to navigate the cyclical steel industry.
7 April 2025, 08:30 CET
Following the announced completion of its 85 million shares buyback program on 2 April 2025, ArcelorMittal (the ‘Company’) announces the commencement of a new share buyback program (the ‘Program’) with share repurchases to be conducted in tranches that may be announced through May 2030. Repurchases under the first tranche of the Program, which is for up to 10 million shares, will commence immediately, under the authorization given by the annual general meeting of shareholders of 30 April 2024 and subsequently, if applicable, subject to approval at the annual general meeting to be held on 6 May 2025. The actual amount of shares to be repurchased in various tranches pursuant to the Program will depend on the level of post-dividend free cash flow generated over the period (the Company’s defined policy is to return a minimum of
The shares acquired under the Program are intended:
- Primarily to reduce ArcelorMittal’s share capital;
- To meet ArcelorMittal’s obligations arising from employee share programs;
- To meet ArcelorMittal’s obligations exchangeable into equity securities; and/or
- To meet such other purposes as announced at the time of each tranche.
ENDS
About ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of
Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
http://corporate.arcelormittal.com/
| | |
| Contact information ArcelorMittal Investor Relations | |
| | |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| SRI | +44 20 3214 2801 |
| Bonds/Credit | +33 171 921 026 investor.relations@arcelormittal.com |
| | |
| | |
| Contact information ArcelorMittal Corporate Communications | |
| Paul Weigh Tel: E-mail: | +44 20 3214 2419 press@arcelormittal.com |
| | |
FAQ
What is the duration and size of ArcelorMittal's (MT) new share buyback program?
How will ArcelorMittal (MT) determine the buyback amount for each tranche?
What are the main purposes of MT's share buyback program?
What was ArcelorMittal's (MT) production and revenue in 2024?
