ArcelorMittal Sells $667 Million Stake in Vallourec to Boost Shareholder Returns

Date:




The steelmaker said it sold a stake equivalent to around 10% of Vallourec’s outstanding share capital and plans to channel the proceeds to shareholders through its ongoing buyback.



Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Mobile gold miners in eastern Congo complicate health workers’ efforts to contain Ebola

IGA-BARRIÈRE, Congo -- Isaac Batisa spends his days digging...

Lawsuit settled, Dog groomer sentenced, Heat dome, Health warning, Summer carnival

Wednesday's Top Stories Wednesday's Five Facts CYFD agrees...

Estée Lauder to Double Down on Turnaround Efforts as Sales Climb

The company narrowed its fiscal fourth-quarter loss as sales...