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Aperam S.A.
/ Key word(s): Share Buyback
Luxembourg, 28 September 2021 (12:00 CET) - Aperam has completed its share buyback program announced on 30 July 2021 (hereafter the "Program"). In aggregate, 1,959,592 shares were bought under this Program, representing an equivalent amount of EUR 99.96 million.
Technical details regarding the share buyback program and treasury shares
Share buyback program - Corporate authorisation and key features of the Program
On 30 July 2021, Aperam announced a share buyback program under the authorization given by the annual general meeting of shareholders held on 7 May 2019 with the following key features:
The full details of the Program - including the Mittal family's intention to enter into a shares repurchase agreement with Aperam to maintain its voting rights in Aperam's issued share capital (net of Treasury Shares) at the same level, pursuant to the impact of the Program - are available in the press release dated 30 July 2021 ().
Share buyback program - Disclosure of trading in own shares under the completed Program
The weekly detailed statements of own shares dealings made from 17 August 2021 to 24 September 2021 are available at the Company's website , section Investors, Equity Investors, Share buy back ().
Treasury shares after completion of the Program (based on settlement date)
On 28 September 2021, the number of shares held by the Mittal family is 31,907,332. This amount corresponds to 40.96% of the issued shares (net of treasury shares).
About Aperam
Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organised in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.
Aperam has a flat Stainless and Electrical steel capacity of 2.5 million tonnes in Brazil and Europe and is a leader in high value specialty products. In addition to its industrial network, spread over six production facilities in Brazil, Belgium and France, Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and special steels from low cost biomass (charcoal made from its own FSC-certified forestry).
In 2020, Aperam had sales of EUR 3,624 million and steel shipments of 1.68 million tonnes.
For further information, please refer to our website at
Contact
Corporate Communications / Laurent Beauloye: 03 Investor Relations / Thorsten Zimmermann: 04
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1236411 28-Sep-2021 CET/CEST
