ArcelorMittal announces share buyback program Luxembourg Stock Exchange:MT
15 February 2021, 08:00 CET ArcelorMittal ('the Company') today announces a share buyback program (the 'Program') under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the 'AGM Authorization'). For the background to this Program, reference is made to the Company's press release dated 9 February relating to the Company selling 40 million Cleveland-Cliffs common shares for gross proceeds of US$652 million. The shares acquired under the Program are intended: 1) To meet ArcelorMittal's obligations under debt obligations exchangeable into equity secur...