The Extraordinary General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved the sole resolution on its agenda.

746,489,458 shares, or 52.5% of the Company's share capital, were present or represented at the meeting. 726,938,172 shares, or 97.45% of the shares present and represented, voted in favour of the resolution. The purpose of this resolution is to renew and broaden the authorisation to the Board of Directors to increase the issued share capital of ArcelorMittal by a maximum of 168,173,653 shares during a period of five years.

As a consequence of the approval of the resolution submitted to today's EGM, the Company will issue, on 22 June 2009, 112,088,263 new shares to settle the Common Stock Offering announced on 29 April 2009 and closed on 6 May 2009. Following this issuance, the total number of issued ArcelorMittal shares will be 1,560,914,610.

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2022, ArcelorMittal had revenues of $79.8 billion and crude steel production of 59.0 million metric tonnes, while iron ore production reached 45.3 million metric tonnes. Our purpose is to produce ever smarter steels that have a positive benefit 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 electric vehicles and 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. This is what we believe it takes to be the steel company of the future. 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:
View all Press Releases