Tag: ArcelorMittal

ArcelorMittal publishes interim update on its company-wide safety audit

WEBWIRE – Friday, April 12, 2024 ArcelorMittal (the Company) announced in December 2023 that it had engaged dss+, a leading provider of sustainable operations management consulting services, to conduct a company-wide audit of its safety practices. Today, it shares a first interim update about what has been achieved in the first three months of the audit, and the scale and scope of the work underway. The complete audit is expected to take nine months to complete with the key recommendations due to be published in September 2024. The audit focuses on three key areas: Fatality prevention standards audits Process safety ... Read more

ArcelorMittal announces the completion of its fifth share buyback program

ArcelorMittal (the ‘Company’) announced that it has completed the fifth share buyback program announced on 17 November 2021 under the authorization given by the annual general meeting of shareholders of 8 June 2021 (the ‘2021 AGM Authorization’). By market close on 28 December 2021, ArcelorMittal had repurchased 34,080,049 shares for a total value of €885,729,034.96 (equivalent to US$999,999,819.63) at an approximate average price per share of €25.99. All details are available on the Company’s website at: https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program. About ArcelorMittal ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries ... Read more