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ArcelorMittal: completes sale of Cleveland-Cliffs shares
(CercleFinance.com) - ArcelorMittal has announced that it has completed the sale of its remaining 38.
2 million Cleveland-Cliffs common shares. The proceeds will be returned to shareholders via a 750 million dollar share buyback program which begins immediately. The disposal of the remaining common shares in Cleveland Cliffs brings the total cash proceeds from the sale of ArcelorMittal USA to 1.9 billion dollars to date, all of which will have been returned to ArcelorMittal shareholders via share buybacks. Copyright (c) 2021 CercleFinance.com. All rights reserved. |
19/04/2024 12:16
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