ArcelorMittal completes its reverse stock split

ArcelorMittal

After announcing the approval of its reverse stock split, ArcelorMittal said it has completed the entire process.

The company said it has completed the consolidation of each three existing shares in ArcelorMittal without nominal value into one share without nominal value.

As a result, the share capital of ArcelorMittal continues to amount to EUR 306,571,086.90 but is now represented by 1,021,903,623 ordinary shares without nominal value while the authorised share capital of ArcelorMittal amounts to EUR 345,473,076.30 represented by 1,151,576,921 ordinary shares without nominal value.

ArcelorMittal is the world’s largest producer of steel.

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