Tuesday, June 12, 2007

UPDATE 1-Arcelor Mittal says to buy back 27 mln shares

(Reuters) - Arcelor Mittal said the new buy-back program was designed to
offset the 27 million shares it will issue to acquire the shares
it does not already own in the unit.




The steel group said it would launch the buy-back program
immediately after the completion of another existing $590
million buy-back program.


Read more at Reuters.com Mergers News

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