---
title: "ArcelorMittal sells 10% Vallourec stake for $667M buyback plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287031456.md"
description: "ArcelorMittal sold 10% of Vallourec, approximately 23.9 million shares, for $667 million. The proceeds will fund its share buyback program, part of its capital return strategy. Despite the sale, ArcelorMittal retains a 17.3% stake and one board seat in Vallourec."
datetime: "2026-05-20T08:33:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287031456.md)
  - [en](https://longbridge.com/en/news/287031456.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287031456.md)
---

# ArcelorMittal sells 10% Vallourec stake for $667M buyback plan

Major stake sale: ArcelorMittal sold roughly 23.9 million Vallourec shares, equating to 10% of the French steel tubes maker’s capital, for about $667 million. Shareholder returns: Proceeds from the sale will support ArcelorMittal’s ongoing share buyback program, aligning with its capital return strategy. Strategic retention: Despite the sale, ArcelorMittal keeps a 17.3% stake in Vallourec and one board seat, preserving influence over the company.

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