Acerinox, S.A.'s share capital is set at EUR 62,333,842.75, represented by 249,335,371 shares that are fully subscribed and paid up.
Acerinox, S.A. notified the Spanish National Securities Market Commission (CNMV) of a capital reduction in the amount of EUR 2,597,243.50 through the redemption of 10,388,974 treasury shares (equivalent to 4% of the total), as approved at the last General Shareholders' Meeting. This share capital reduction was approved at the General Shareholders' Meeting held on May 23, 2023.
Following the reduction, Acerinox, S.A.'s share capital is set at EUR 62,333,842.75, represented by 249,335,371 shares that are fully subscribed and paid up.
Share buyback programs are one of the shareholder remuneration methods approved in the company's Dividend Policy.
Acerinox SA published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2023 08:39:04 UTC.
Acerinox S.A. is one of the world's largest producers and sellers of stainless steel. The group's activity is organized into three families of products:
- smelted and milled steel: 1,869 Kt produced in 2023;
- hot laminated steels: flat steel and long steel (139 Kt produced);
- cold laminated flat steel: 1,225 Kt produced.
At the end of 2023, the group had 13 production sites worldwide.
Net sales are distributed geographically as follows: Spain (7.1%), Europe (32.4%), Americas (47.1%), Asia (8%), Africa (5.1%) and other (0.3%).