ArcelorMittal Launches Second 10M-Share Buyback Following €49.32 First Tranche
MT•ArcelorMittal repurchased 10 million shares at an average €49.32 in the first tranche of its 2025–2030 buyback programme and holds them in treasury pending cancellation. A second tranche of up to 10 million shares has commenced under AGM authorization, with purchases tied to post-dividend free cash flow and market conditions.
1. First Tranche Completion
ArcelorMittal repurchased 10 million shares at an average €49.32 per share under the first tranche of its 2025–2030 buyback programme; these shares are held in treasury pending cancellation.
2. Second Tranche Commencement
A second tranche authorizes repurchases of up to 10 million shares, commencing immediately under the authorization granted by the May 6, 2025 annual general meeting of shareholders.
3. Programme Parameters
Share repurchases will proceed through May 2030, with actual volumes depending on post-dividend free cash flow (minimum 50% return policy), ongoing shareholder approvals and market conditions, aiming to reduce share capital and meet employee share obligations.
