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home / news releases / MT - ArcelorMittal: Making Hay While The Sun Shines Trading At 1.5X EBITDA

MT - ArcelorMittal: Making Hay While The Sun Shines Trading At 1.5X EBITDA

Arcelor Mittal NY Registry Shares NEW
  • ArcelorMittal is rapidly improving its balance sheet and could soon reach a zero net debt position.
  • Meanwhile, the company is spending billions on share buybacks and will reduce its share count by over 20% in just over a year.
  • Although 2021 will likely be a peak year, the much stronger balance sheet makes Arcelor still interesting at the current levels.

For further details see:

ArcelorMittal: Making Hay While The Sun Shines, Trading At 1.5X EBITDA
Stock Information
Company Name: Arcelor Mittal NY Registry Shares NEW
Stock Symbol: MT
Market: NYSE
Website: arcelormittal.com
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