ArcelorMittal Buys Call Options for 26.5 Million of Its Shares and Sells 11.5 Million Treasury Shares
December 27th, 2010
LUXEMBOURG–(BUSINESS WIRE)–Regulatory News: Following the reopening of its share buy-back program for up to 6% of its issued share capital announced on 26 November 2010, ArcelorMittal acquired on 18 December 2010 US dollar-denominated call options on 26,533,997 of its own shares with a strike price of USD 30.15 per share. The 26,533,997 call options acquired allow ArcelorMittal to hedge its obligations arising out of the potential conversion of the 5% US-dollar denominated bonds convertible in
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