ArcelorMittal announces results of its General Meeting
ArcelorMittal (NYSE: MT) held its Annual General Meeting with 71.73% of voting rights represented. Shareholders approved key resolutions including a dividend of $0.55 per share and the implementation of buyback program(s). The meeting also resulted in the re-election of Vanisha Mittal Bhatia and Karel de Gucht as directors for three-year terms.
As the largest steel producer in Europe, ArcelorMittal operates in 60 countries with primary steelmaking in 15 countries. In 2024, the company achieved revenues of $62.4 billion, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore.
ArcelorMittal (NYSE: MT) ha tenuto la sua Assemblea Annuale con il 71,73% dei diritti di voto rappresentati. Gli azionisti hanno approvato risoluzioni chiave, tra cui un dividendo di 0,55 $ per azione e l’attuazione di programmi di riacquisto di azioni. L’assemblea ha inoltre portato alla rielezione di Vanisha Mittal Bhatia e Karel de Gucht come amministratori per un mandato di tre anni.
Come più grande produttore di acciaio in Europa, ArcelorMittal opera in 60 paesi con produzione principale in 15 paesi. Nel 2024, la società ha raggiunto ricavi per 62,4 miliardi di dollari, producendo 57,9 milioni di tonnellate di acciaio grezzo e 42,4 milioni di tonnellate di minerale di ferro.
ArcelorMittal (NYSE: MT) celebró su Junta General Anual con el 71,73% de los derechos de voto representados. Los accionistas aprobaron resoluciones clave, incluyendo un dividendo de 0,55 $ por acción y la implementación de programas de recompra de acciones. La reunión también resultó en la reelección de Vanisha Mittal Bhatia y Karel de Gucht como directores por un período de tres años.
Como el mayor productor de acero en Europa, ArcelorMittal opera en 60 países con producción principal en 15 países. En 2024, la compañía alcanzó ingresos de 62,4 mil millones de dólares, produciendo 57,9 millones de toneladas métricas de acero crudo y 42,4 millones de toneladas de mineral de hierro.
ArcelorMittal (NYSE: MT)는 71.73%의 의결권이 대표된 연례 주주총회를 개최했습니다. 주주들은 주당 0.55달러의 배당금과 자사주 매입 프로그램의 시행을 승인했습니다. 또한, 이번 총회에서는 Vanisha Mittal Bhatia와 Karel de Gucht가 3년 임기의 이사로 재선되었습니다.
유럽 최대 철강 생산업체인 ArcelorMittal은 60개국에서 사업을 운영하며, 15개국에서 주로 철강을 생산합니다. 2024년 회사는 624억 달러의 매출을 기록했으며, 5790만 메트릭톤의 원철과 4240만 톤의 철광석을 생산했습니다.
ArcelorMittal (NYSE : MT) a tenu son Assemblée Générale Annuelle avec 71,73 % des droits de vote représentés. Les actionnaires ont approuvé des résolutions clés, notamment un dividende de 0,55 $ par action et la mise en œuvre de programmes de rachat d’actions. L’assemblée a également abouti à la réélection de Vanisha Mittal Bhatia et Karel de Gucht en tant qu’administrateurs pour un mandat de trois ans.
En tant que plus grand producteur d’acier en Europe, ArcelorMittal opère dans 60 pays avec une production principale dans 15 pays. En 2024, la société a réalisé un chiffre d’affaires de 62,4 milliards de dollars, produisant 57,9 millions de tonnes métriques d’acier brut et 42,4 millions de tonnes de minerai de fer.
ArcelorMittal (NYSE: MT) hielt seine Jahreshauptversammlung mit 71,73 % der vertretenen Stimmrechte ab. Die Aktionäre genehmigten wichtige Beschlüsse, darunter eine Dividende von 0,55 $ pro Aktie sowie die Umsetzung von Rückkaufprogrammen. Die Versammlung führte außerdem zur Wiederwahl von Vanisha Mittal Bhatia und Karel de Gucht als Direktoren für eine dreijährige Amtszeit.
Als größter Stahlproduzent Europas ist ArcelorMittal in 60 Ländern tätig, wobei die Hauptstahlproduktion in 15 Ländern stattfindet. Im Jahr 2024 erzielte das Unternehmen Einnahmen von 62,4 Milliarden US-Dollar und produzierte 57,9 Millionen Tonnen Rohstahl sowie 42,4 Millionen Tonnen Eisenerz.
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Insights
ArcelorMittal shareholders approved a $0.55 dividend and share buyback program, standard capital return mechanisms indicating ongoing shareholder value distribution.
ArcelorMittal's Annual General Meeting has yielded several key outcomes related to capital allocation and corporate governance. The approval of a
Similarly, shareholders approved the implementation of share buyback program(s), which gives management flexibility to repurchase shares. However, no specific details regarding the size, timing, or conditions of these buybacks were disclosed, making it difficult to assess their potential impact on share count or earnings per share metrics.
These shareholder-friendly capital return mechanisms come from a company that generated
The strong shareholder support is evident with
While dividend payments and buyback authorizations generally benefit shareholders, without context on whether these represent changes from previous policies or exceptional developments, the impact appears to be business-as-usual rather than transformative for this global steel giant.
6 May 2025, 15.15 CET
The Annual General Meeting (‘General Meeting’) of shareholders of ArcelorMittal (the “Company”) held today in Luxembourg approved all resolutions by a strong majority.
In particular, the shareholders:
- Approved the distribution of a dividend of US
$0.55 per share; - Re-elected Mrs. Vanisha Mittal Bhatia and Mr. Karel de Gucht as directors of ArcelorMittal, for a term of three years each; and
- Approved the implementation of buyback program(s).
ENDS
About ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of
Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
http://corporate.arcelormittal.com/
| Contact information ArcelorMittal Investor Relations | |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| SRI | +44 20 3214 2801 |
| Bonds/Credit | +33 171 921 026 investor.relations@arcelormittal.com |
| Contact information ArcelorMittal Corporate Communications | |
Paul Weigh Tel: E-mail: | +44 20 3214 2419 press@arcelormittal.com |
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