Arcelormittal Stock Price, News & Analysis

ArcelorMittal has completed its first XCarb™ innovation fund investment, committing $10 million to Heliogen, a renewable energy technology firm. This investment, announced on June 8, 2021, is part of a broader partnership aimed at integrating Heliogen's solar technology into ArcelorMittal's steel manufacturing processes. Heliogen's innovations are expected to facilitate the steel industry’s transition to carbon neutrality by harnessing solar energy for heat, electricity, and clean fuels, including green hydrogen.

ArcelorMittal reported a share transaction notification by Designated Persons, as announced under the Market Abuse Regulations. This transaction is linked to a share buyback program initiated on 4 March 2021, aimed at maintaining significant shareholder voting rights at 36.34% of total share capital.

Details of the transaction and the share buyback program are accessible on the Luxembourg Stock Exchange and ArcelorMittal's official website under the Investors section.

ArcelorMittal announced a share transaction by a Designated Person, reflecting ongoing activities related to its share buyback program initiated on 4 March 2021. A Significant Shareholder will sell shares to maintain their voting rights at 36.34% of the company’s share capital. Details of the transaction and the share buyback program can be accessed via the Luxembourg Stock Exchange and the ArcelorMittal website, ensuring transparency in compliance with Market Abuse Regulations.

ArcelorMittal released its 2020 integrated annual review titled ‘Inventing smarter steels for a better world’, emphasizing transparency and sustainability. The report outlines the Company’s strategic priorities, including health and safety, financial value, and environmental sustainability. CEO Aditya Mittal noted improvements in net debt and asset quality while addressing the challenges posed by the Covid-19 pandemic. The Company aims for carbon neutrality by 2050, with a current CO2 per tonne of steel at 2.08 tonnes. Key initiatives include the launch of XCarb™ and a commitment to enhance gender diversity in management.

ArcelorMittal announced on 19 May 2021 it received notifications from Société Générale SA regarding shareholding changes. The notifications indicated that Société Générale reached a voting rights threshold of 5.10% on 14 May 2021 and 4.72% on 17 May 2021. Since Société Générale's holdings fell below the 5% threshold by 17 May, no adjustments are needed for the company’s shareholding disclosure. These notifications comply with the Luxembourg Transparency Law and can be found on the Luxembourg Stock Exchange and the company's website.

On May 18, 2021, ArcelorMittal announced a share transaction notification related to its share buyback program initiated on March 4, 2021. This transaction ensures that the significant shareholder maintains a voting interest of 36.34% in the company. The details of the transaction are available on the Luxembourg Stock Exchange’s electronic database OAM and ArcelorMittal's official website under the Corporate Governance section. This buyback program aims to stabilize shareholding structures while enhancing shareholder value.

ArcelorMittal has announced a share transaction notification by a Designated Person, as per Market Abuse Regulations. The details are available on the Luxembourg Stock Exchange and on ArcelorMittal's official website. This disclosure is in compliance with Article 19(3) of Regulation (EU) No 596/2014. Investors can access this information under the 'Investors' section of the website.

On 11 May 2021, ArcelorMittal informed about a share transaction by a Designated Person, accessible in the Luxembourg Stock Exchange’s OAM database and on its website. This transaction is related to the share buyback program announced on 4 March 2021. A Significant Shareholder has entered into a share repurchase agreement, ensuring their voting rights remain at 36.34% of ArcelorMittal’s share capital. Further details on this program can be found on their investor relations page.

ArcelorMittal has reported a decrease in shareholding by Société Générale SA, falling from 5.23% to 4.28% as of April 30, 2021. The notification was officially made on May 5, 2021, in compliance with Luxembourg’s Transparency Law. This change indicates a shift in the voting rights threshold for Société Générale, highlighting a significant alteration in their position as a shareholder. For additional details, the full notification can be found on the Luxembourg Stock Exchange website and ArcelorMittal’s investor relations page.