ArcelorMittal Enhances Shareholder Communication Strategies
Understanding ArcelorMittal's Transparency in Share Transactions
ArcelorMittal, a global frontrunner in steel and mining operations, has announced updates regarding the notifications of share transactions for Designated Persons, which primarily include company Directors and Executive Officers. This initiative is in accordance with Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament, which aims to enhance market transparency and combat abuse in financial markets.
Accessing Share Transaction Notifications
Investors can now find detailed records of share transactions undertaken by designated persons through accessible platforms such as the Luxembourg Stock Exchange’s electronic database, OAM. In addition, such notifications will also be available on the official ArcelorMittal website, specifically in the Investors section, under Share Transactions by Management.
Why This Matters for Investors
This development is a significant step towards maintaining trust and transparency with shareholders. By openly sharing transaction data, ArcelorMittal ensures that investors have access to important information that can inform their decisions related to the company’s stock.
ArcelorMittal’s Commitment to Innovation
In line with its operational transparency, ArcelorMittal is dedicated to producing smarter and greener steel products. The company's approach emphasizes using innovative processes that significantly reduce energy consumption and carbon emissions while driving down costs. This not only aligns with global sustainability goals but also appeals to a growing segment of socially-conscious investors.
The Company’s Global Reach and Steel Production
As one of the largest steel producers globally, ArcelorMittal operates in 60 countries with primary steelmaking operations in 15. The company's reach extends across Europe, the Americas, and Asia, where it engages in joint ventures such as AM/NS India. In the most recent year, ArcelorMittal generated a remarkable revenue of $68.3 billion, producing 58.1 million metric tonnes of crude steel and 42 million tonnes of iron ore, showcasing its dominant position in the industry.
Promoting a Sustainable Future
The commitment of ArcelorMittal to sustainability is reflected in its focus on producing cleaner, stronger, and reusable steel. The company strives to support the renewable energy infrastructure, a crucial element in the global transition towards a sustainable future. The goal is to create steels designed for a planet that needs repair and advancement.
ArcelorMittal’s Share Listings and Investors’ Trust
ArcelorMittal is prominently listed on stock exchanges around the world, including the New York Stock Exchange under the ticker MT, and various European exchanges like Amsterdam, Paris, and Madrid. This global presence not only consolidates the company’s reputation but also makes its shares accessible to a broad spectrum of investors.
How to Contact ArcelorMittal
For more information regarding share transactions, ArcelorMittal’s corporate communications can be reached easily. For inquiries, individuals may contact Paul Weigh via phone at +44 20 3214 2419 or via email at press@arcelormittal.com. Effective communication is a cornerstone of trust, and ArcelorMittal remains dedicated to fostering this connection.
Frequently Asked Questions
What are Designated Persons in ArcelorMittal?
Designated Persons primarily include the Directors and Executive Officers of the company who are subject to certain regulatory disclosures regarding share transactions.
Where can I find ArcelorMittal's transaction notifications?
You can access share transaction notifications through the Luxembourg Stock Exchange’s database OAM and ArcelorMittal's official website under the Investors section.
What commitment does ArcelorMittal have towards sustainability?
ArcelorMittal is committed to producing greener steel, significantly reducing energy use and carbon emissions while focusing on innovative processes that promote sustainability.
How does ArcelorMittal maintain transparency with investors?
By providing detailed notifications of share transactions and operational practices, ArcelorMittal ensures investors have the information needed to make informed decisions.
How can I contact ArcelorMittal for media inquiries?
Media inquiries can be directed to Paul Weigh at +44 20 3214 2419 or through email at press@arcelormittal.com.
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