BRIEF-ArcelorMittal Sells Remaining Cleveland-Cliffs Common Stock_老虎社区_美港股上老虎

BRIEF-ArcelorMittal Sells Remaining Cleveland-Cliffs Common Stock

Reuters2021-06-18

* ARCELORMITTAL ANNOUNCES SALE OF CLEVELAND-CLIFFS COMMON STOCK WITH THE PROCEEDS TO BE RETURNED TO SHAREHOLDERS VIA A $750 MILLION SHARE BUYBACK

* CONCLUSION OF SALE OF ITS REMAINING 38.2 MILLION COMMON SHARES IN CLEVELAND-CLIFFS INC.

* VALUE CRYSTALIZED FROM THIS SALE OF WILL BE RETURNED TO SHAREHOLDERS VIA A NEW $750 MILLION SHARE BUYBACK PROGRAM OF ARCELORMITTAL COMMON SHARES

* NEW SHARE BUYBACK PROGRAM WILL COMMENCE IMMEDIATELY AND FOLLOWS PREVIOUS BUYBACK PROGRAM WHICH IS NOW COMPLETE

* DISPOSAL OF REMAINING COMMON SHARES IN CLEVELAND CLIFFS BRINGS TOTAL CASH PROCEEDS FROM SALE OF ARCELORMITTAL USA TO $1.9 BILLION SO FAR

* ARCELORMITTAL NORTH AMERICA HOLDINGS LLC CONTINUES TO HOLD NON-VOTING PREFERRED STOCK REDEEMABLE AT CLEVELAND-CLIFFS' OPTION

Source text for Eikon: Further company coverage:

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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Zaraloi
·2021-06-22
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+48 58 769 66 00;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLF":"克利夫兰克里夫"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144724775","content_text":"June 18 (Reuters) - ArcelorMittal SA   :   * ARCELORMITTAL ANNOUNCES SALE OF CLEVELAND-CLIFFS COMMON STOCK WITH THE PROCEEDS TO BE RETURNED TO SHAREHOLDERS VIA A $750 MILLION SHARE BUYBACK   * CONCLUSION OF SALE OF ITS REMAINING 38.2 MILLION COMMON SHARES IN CLEVELAND-CLIFFS INC.   * VALUE CRYSTALIZED FROM THIS SALE OF WILL BE RETURNED TO SHAREHOLDERS VIA A NEW $750 MILLION SHARE BUYBACK PROGRAM OF ARCELORMITTAL COMMON SHARES   * NEW SHARE BUYBACK PROGRAM WILL COMMENCE IMMEDIATELY AND FOLLOWS PREVIOUS BUYBACK PROGRAM WHICH IS NOW COMPLETE   * DISPOSAL OF REMAINING COMMON SHARES IN CLEVELAND CLIFFS BRINGS TOTAL CASH PROCEEDS FROM SALE OF ARCELORMITTAL USA TO $1.9 BILLION SO FAR   * ARCELORMITTAL NORTH AMERICA HOLDINGS LLC CONTINUES TO HOLD NON-VOTING PREFERRED STOCK REDEEMABLE AT CLEVELAND-CLIFFS' OPTIONSource text for Eikon:    Further company coverage:    (Gdansk Newsroom)((gdansk.newsroom@thomsonreuters.com; 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