Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ArcelorMittal Announces the Repurchase of 25 Million Shares from Carlos Tassara International.


LUXEMBOURG -- Regulatory News:

ArcelorMittal, under its share buy-back program, hereby announces that on Tuesday 19 February 2008 it has repurchased 25 million shares from Carlo Tassara International SA.

The shares were repurchased at a price of EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 46.60 per share and for a total amount of EUR 1,165,000,000.

For more information on the share buy-back program see the Corporate Governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
 section under Investors & Shareholders on the ArcelorMittal website at (www.arcelormittal.com).

About ArcelorMittal

ArcelorMittal is the world's largest and most global steel company, with 310,000 employees in more than 60 countries. The company brings together the world's number one and number two steel companies, Arcelor and Mittal Steel.

ArcelorMittal is the leader in all major global markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. An industrial presence in 28 European, Asian, African and American countries exposes the company to all the key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets.

ArcelorMittal key pro forma financials for 2007 show revenues of USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 105.2 billion, with a crude steel production of 116 million tonnes, representing around 10 per cent of world steel output.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP (1) (Message Transfer Part) See SS7.

(2) (Media Transfer Protocol) A Microsoft enhancement to the picture transfer protocol (PTP), starting with Windows Media Player 10 in Windows XP.
), Brussels (MTBL MTBL Mean Time Between Data Loss ), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS (1) See Microsoft Transaction Server.

(2) (Modular TV System) The stereo channel added to the NTSC standard, which includes the SAP audio channel for special use.

1. MTS - Message Transport System.
2.
).
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 20, 2008
Words:251
Previous Article:Year End Report for New Wave Group AB (publ) Q4 January - December 2007.
Next Article:Video Q&A: BNP Paribas CEO Baudouin Prot Comments on 2007 Earnings.
Topics:



Related Articles
ArcelorMittal Share Buyback Program: Status Report as of February 4.
ArcelorMittal Share Buyback Program: Status Report as of February 18.
ArcelorMittal Share Buyback Program: Status Report as of 29 August 2008.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles