928,122,478 shares or 51.46% of the company’s share capital were present or represented.
The shareholders approved the two resolutions on the agenda:
The Extraordinary General Meeting (EGM) of ArcelorMittal shareholders, held today in Luxembourg, approved both resolutions with a large majority.
- to reduce the share capital of the company without distribution to shareholders, in order to reduce the par value of the shares in the company to an amount of 10 Euro cents per share (approved with 98.97% of the vote)
- to increase the company’s authorised share capital including the authorisation to limit or cancel the shareholders’ preferential subscription rights (approved with 97.00% of the vote)
The results of the votes will be posted shortly on http://corporate.arcelormittal.com under Investors > Equity investors > Shareholders’ meetings, where the full documentation regarding the EGM is available.
About ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2023 generated revenues of $68.3 billion, produced 58.1 million metric tonnes of crude steel and, 42.0 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. 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).
http://corporate.arcelormittal.com/