ArcelorMittal announces the completion of its 85 million shares buyback program
ArcelorMittal (MT) has successfully completed its 85 million shares buyback program, which was announced on May 5, 2023. The program, initially authorized by shareholders on May 2, 2023, and continued under the April 30, 2024 authorization, concluded by market close on April 1, 2025.
The company, a leading integrated steel and mining enterprise, operates in 60 countries with primary steelmaking facilities in 15 countries. In 2024, ArcelorMittal achieved:
- Revenue of $62.4 billion
- Crude steel production of 57.9 million metric tonnes
- Iron ore production of 42.4 million tonnes
As Europe's largest steel producer with significant presence in the Americas and growing operations in Asia through AM/NS India, ArcelorMittal serves diverse industries including automotive, engineering, construction, and machinery sectors.
ArcelorMittal (MT) ha completato con successo il suo programma di riacquisto di 85 milioni di azioni, annunciato il 5 maggio 2023. Il programma, inizialmente autorizzato dagli azionisti il 2 maggio 2023 e proseguito sotto l'autorizzazione del 30 aprile 2024, si è concluso alla chiusura del mercato il 1 aprile 2025.
L'azienda, un importante gruppo integrato nel settore dell'acciaio e delle miniere, opera in 60 paesi con impianti di produzione di acciaio principali in 15 paesi. Nel 2024, ArcelorMittal ha raggiunto:
- Ricavi di 62,4 miliardi di dollari
- Produzione di acciaio grezzo di 57,9 milioni di tonnellate metriche
- Produzione di minerale di ferro di 42,4 milioni di tonnellate
Essendo il più grande produttore di acciaio in Europa con una significativa presenza nelle Americhe e operazioni in crescita in Asia attraverso AM/NS India, ArcelorMittal serve diverse industrie, tra cui automotive, ingegneria, costruzione e settori della meccanica.
ArcelorMittal (MT) ha completado con éxito su programa de recompra de 85 millones de acciones, anunciado el 5 de mayo de 2023. El programa, inicialmente autorizado por los accionistas el 2 de mayo de 2023 y continuado bajo la autorización del 30 de abril de 2024, concluyó al cierre del mercado el 1 de abril de 2025.
La compañía, una importante empresa integrada de acero y minería, opera en 60 países con instalaciones de producción de acero principales en 15 países. En 2024, ArcelorMittal logró:
- Ingresos de 62,4 mil millones de dólares
- Producción de acero bruto de 57,9 millones de toneladas métricas
- Producción de mineral de hierro de 42,4 millones de toneladas
Como el mayor productor de acero en Europa con una presencia significativa en las Américas y operaciones en crecimiento en Asia a través de AM/NS India, ArcelorMittal atiende a diversas industrias, incluyendo automotriz, ingeniería, construcción y sectores de maquinaria.
아르셀로미탈 (MT)은 2023년 5월 5일 발표된 8,500만 주의 자사주 매입 프로그램을 성공적으로 완료했습니다. 이 프로그램은 2023년 5월 2일 주주들에 의해 처음 승인되었고, 2024년 4월 30일의 승인 하에 계속 진행되어 2025년 4월 1일 시장 종료 시점에 종료되었습니다.
이 회사는 60개국에서 운영되는 주요 철강 및 광업 통합 기업으로, 15개국에 주요 제철소를 두고 있습니다. 2024년 아르셀로미탈은:
- 624억 달러의 수익을 올렸습니다.
- 5790만 메트릭 톤의 조강을 생산했습니다.
- 4240만 톤의 철광석을 생산했습니다.
유럽 최대의 철강 생산업체로서 아메리카 대륙에서의 중요한 존재감과 AM/NS 인도를 통한 아시아에서의 성장하는 운영을 통해 아르셀로미탈은 자동차, 공학, 건설 및 기계 산업 등 다양한 산업에 서비스를 제공합니다.
ArcelorMittal (MT) a réussi à achever son programme de rachat de 85 millions d'actions, annoncé le 5 mai 2023. Le programme, initialement autorisé par les actionnaires le 2 mai 2023 et poursuivi sous l'autorisation du 30 avril 2024, s'est terminé à la clôture du marché le 1er avril 2025.
L'entreprise, un leader intégré de l'acier et de l'exploitation minière, opère dans 60 pays avec des installations de production d'acier principales dans 15 pays. En 2024, ArcelorMittal a réalisé :
- Des revenus de 62,4 milliards de dollars
- Une production d'acier brut de 57,9 millions de tonnes métriques
- Une production de minerai de fer de 42,4 millions de tonnes
En tant que plus grand producteur d'acier en Europe avec une présence significative en Amérique et des opérations en croissance en Asie grâce à AM/NS India, ArcelorMittal sert diverses industries, y compris l'automobile, l'ingénierie, la construction et les secteurs de la machinerie.
ArcelorMittal (MT) hat erfolgreich sein Rückkaufprogramm für 85 Millionen Aktien abgeschlossen, das am 5. Mai 2023 angekündigt wurde. Das Programm, das ursprünglich am 2. Mai 2023 von den Aktionären genehmigt und unter der Genehmigung vom 30. April 2024 fortgeführt wurde, endete am 1. April 2025 mit Marktschluss.
Das Unternehmen, ein führendes integriertes Stahl- und Bergbauunternehmen, ist in 60 Ländern tätig und verfügt über Hauptstahlwerke in 15 Ländern. Im Jahr 2024 erzielte ArcelorMittal:
- Einnahmen von 62,4 Milliarden Dollar
- Roheisenproduktion von 57,9 Millionen metrischen Tonnen
- Eisenbergbau von 42,4 Millionen Tonnen
Als größter Stahlproduzent in Europa mit bedeutender Präsenz in Amerika und wachsenden Aktivitäten in Asien über AM/NS Indien bedient ArcelorMittal verschiedene Branchen, darunter Automobilindustrie, Maschinenbau, Bauwesen und Maschinensektoren.
- Completed 85 million shares buyback program, enhancing shareholder value
- Strong revenue generation of $62.4 billion in 2024
- Substantial production capacity with 57.9M tonnes of crude steel and 42.4M tonnes of iron ore
- Diverse global presence across 60 countries with operations in key markets
- None.
Insights
ArcelorMittal's completion of its 85 million share buyback program represents a significant return of capital to shareholders. Based on the company's current market cap of
Share buybacks of this magnitude typically have several positive implications for investors. First, they reduce the number of outstanding shares, which mathematically increases earnings per share even if net income remains constant. Second, they signal management's confidence in the company's intrinsic value and future prospects. Third, they increase each remaining shareholder's proportional ownership in the business.
The steel industry is historically cyclical, and ArcelorMittal's decision to return capital through buybacks demonstrates disciplined capital allocation. With
The completion of this program, which was announced in May 2023, shows management's commitment to following through on capital return promises—an important factor for institutional investors who evaluate execution consistency. This development should be viewed as a positive signal about the company's financial health and management's shareholder-friendly approach to capital allocation.
2 April 2025, 10:30 CET
ArcelorMittal (the “Company”) today announces that it has completed the 85 million shares buyback program it announced on 5 May 2023 under the authorization given by the annual general meeting of shareholders of 2 May 2023 and continued under the 30 April 2024 annual general meeting of shareholders authorization.
By market close on 1 April 2025, ArcelorMittal had repurchased 85 million shares. All details are available on the Company’s website at: https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program.
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/
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| Contact information ArcelorMittal Investor Relations | |
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| 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 |
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| Contact information ArcelorMittal Corporate Communications | |
| Paul Weigh Tel: E-mail: | +44 20 3214 2419 press@arcelormittal.com |
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FAQ
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