ArcelorMittal Share Repurchase Agreement Update

2026-03-19SEC Filing SCHEDULE 13D/A (0001999371-26-006457)

This filing is an amendment to a previous Schedule 13D filing by ArcelorMittal. It details an agreement between ArcelorMittal and Lumen Investments S.Γ  r.l. for a share repurchase program. Lumen will sell ArcelorMittal shares to the company, with the number of shares sold being 44.6% of the total shares repurchased under the program on any given trading day. This arrangement aims to maintain the Significant Shareholder's holding at approximately 44.6% of the company's issued and outstanding shares. The agreement is effective from March 5, 2026, and will terminate upon the conclusion of the share buy-back program, with provisions for earlier termination by Lumen under certain conditions. The filing also provides updated information on the principal owners and their respective shareholdings and voting powers.

Ticker mentioned:MTInstitution mentioned:LUMEN INVESTMENTS S.A R.L.
Related industry:Steel