ArcelorMittal announces completion of Reverse Stock Split
(Thomson Reuters ONE) -
ArcelorMittal S.A. /
ArcelorMittal announces completion of Reverse Stock Split
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The issuer is solely responsible for the content of this announcement.
ArcelorMittal announces completion of the Reverse Stock Split approved by the
Extraordinary General Meeting of shareholders held on 10 May 2017
Luxembourg, 22 May 2017 - Following the approval of the Reverse Stock Split (as
defined below) by the extraordinary general meeting of shareholders of
ArcelorMittal held on 10 May 2017, ArcelorMittal has completed the consolidation
of each three existing shares in ArcelorMittal without nominal value into one
share without nominal value (the "Reverse Stock Split"). As a result, the share
capital of ArcelorMittal continues to amount to EUR 306,571,086.90 but is now
represented by 1,021,903,623 ordinary shares without nominal value while the
authorised share capital of ArcelorMittal amounts to EUR 345,473,076.30
represented by 1,151,576,921 ordinary shares without nominal value.
ENDS
About ArcelorMittal
ArcelorMittal is the world's leading steel and mining company, with a presence
in 60 countries and an industrial footprint in 18 countries. Guided by a
philosophy to produce safe, sustainable steel, we are the leading supplier of
quality steel in the major global steel markets including automotive,
construction, household appliances and packaging, with world-class research and
development and outstanding distribution networks.
Through our core values of sustainability, quality and leadership, we operate
responsibly with respect to the health, safety and wellbeing of our employees,
contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world
from railways to cars and washing machines. We are actively researching and
producing steel-based technologies and solutions that make many of the products
and components people use in their everyday lives more energy efficient.
We are one of the world's five largest producers of iron ore and metallurgical
coal. With a geographically diversified portfolio of iron ore and coal assets,
we are strategically positioned to serve our network of steel plants and the
external global market. While our steel operations are important customers, our
supply to the external market is increasing as we grow.
In 2016, ArcelorMittal had revenues of $56.8 billion and crude steel production
of 90.8 million tonnes, while own iron ore production reached 55.2 million
tonnes.
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).
For more information about ArcelorMittal please visit:
http://corporate.arcelormittal.com/
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|Contact information ArcelorMittal Investor Relations |
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|Europe +35247923198 |
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|Americas +13128993985 |
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|Retail +35247923198 |
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|SRI +442075431123 |
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|Bonds/Credit +33171921026 |
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|Contact information ArcelorMittal Corporate |
|Communications |
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|E-mail: press(at)arcelormittal.com|
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|Phone: +442076297988 |
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|ArcelorMittal Corporate Communications |
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|Paul Weigh +442032142419 |
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|France |
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|Sylvie Dumaine / Anne-Charlotte Creach +33153707470 |
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Source: ArcelorMittal S.A. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 22.05.2017 - 16:02 Uhr
Sprache: Deutsch
News-ID 544097
Anzahl Zeichen: 8073
contact information:
Town:
London
Kategorie:
Business News
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"ArcelorMittal announces completion of Reverse Stock Split"
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