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ArcelorMittal cancels 77,809,772 treasury shares
ArcelorMittalArcelorMittal(US:MT) Globenewswireยท2025-11-21 10:00

Core Points - ArcelorMittal has cancelled 77,809,772 treasury shares, resulting in a total of 775,000,000 shares in issue [1] - The company retains approximately 14.4 million treasury shares for its Long-Term Incentive Plan commitments [1] - In 2024, ArcelorMittal generated revenues of $62.4 billion and produced 57.9 million metric tonnes of crude steel [3] Company Overview - ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries and primary steelmaking in 14 countries [3] - It is the largest steel producer in Europe and has significant operations in the Americas and Asia [3] - The company aims to produce innovative steels that are energy-efficient, low in carbon emissions, and reusable, supporting renewable energy infrastructure [3]