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ArcelorMittal Cancels Over 77 Million Treasury Shares

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ArcelorMittal Cancels Over 77 Million Treasury Shares

TipRanks Black Friday Sale

ArcelorMittal ( (MT) ) has provided an announcement.

On November 21, 2025, ArcelorMittal announced the cancellation of 77,809,772 treasury shares, reducing its total shares in issue to 775,000,000. This move is part of the company’s strategy to manage its share capital effectively, with the remaining treasury shares being used to fulfill commitments related to its Long-Term Incentive Plan. The cancellation aligns with transparency requirements under Luxembourg law and is expected to impact the company’s shareholding structure and potentially its market valuation.

The most recent analyst rating on (MT) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on ArcelorMittal stock, see the MT Stock Forecast page.

Spark’s Take on MT Stock

According to Spark, TipRanks’ AI Analyst, MT is a Outperform.

ArcelorMittal’s overall stock score is driven by strong technical indicators and positive earnings call insights, highlighting structural improvements and strategic growth. Financial performance is solid, but profitability and cash flow management need improvement. Valuation is reasonable, supporting a stable investment outlook.

To see Spark’s full report on MT stock, click here.

More about ArcelorMittal

ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries and primary steelmaking activities in 14 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. The company serves a diverse range of industries including automotive, engineering, construction, and machinery, and is committed to producing innovative, energy-efficient, and sustainable steel products.

Average Trading Volume: 1,300,307

Technical Sentiment Signal: Buy

Current Market Cap: $33.04B

For a thorough assessment of MT stock, go to TipRanks’ Stock Analysis page.

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