ArcelorMittal has completed the first tranche of its 2025 to 2030 share buyback program, repurchasing 10 million shares at an average price of €49.32. The company also announced the immediate start of a second tranche to buy back up to an additional 10 million shares, following shareholder approval at the May 2025 annual general meeting. The repurchased shares are held in treasury and will be cancelled. Future buybacks will occur in periodic tranches through May 2030, subject to market conditions, shareholder authorization, and post-dividend free cash flow, with the goal of reducing share capital and meeting employee share scheme obligations.
ArcelorMittal SACompany completes first tranche and launches second tranche of share buyback program, reducing share capital.