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ArcelorMittal announces the Reverse Stock Split Effective Date

Following the approval of the Reverse Stock Split by the Extraordinary General Meeting of shareholders of ArcelorMittal held on 10 May 2017 ArcelorMittal announces the Effective Date.

Luxembourg, 11 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 will proceed to consolidate each three existing shares in the Company without nominal value into one share without nominal value (the “Reverse Stock Split”).  The Reverse Stock Split will become effective on 22 May 2017.

 

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).
 

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Contact information ArcelorMittal Investor Relations
Europe: +352 4792 3198
Americas: +1 312 899 3985
Retail: +352 4792 3198
SRI: +44 207 543 1156
Bonds/Credit: +33 1 71 92 10 26

Contact information ArcelorMittal Corporate Communications
E-mail: press@arcelormittal.com
Phone: +44 207 629 7988

ArcelorMittal Corporate Communications
Paul Weigh +44 203 214 2419

France
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Sylvie Dumaine / Anne-Charlotte Creach
+33 (1) 53 70 74 70

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