Share Buy Back 2017

On 9 February 2017, in accordance with the authorisation given by the 5 May 2015 Annual General Meeting of Shareholders, Aperam announced a share buyback programme (EN / FR).


In accordance with the Market Abuse Regulation, key items include:

  • To reduce Aperam’s share capital, shares acquired under Programme are intended to be cancelled.
  • Aperam intends to repurchase a variable number of shares per day at market price, for an aggregate maximum amount of one hundred (100) million US dollars and a maximum of two (2) million shares.
  • The price per share of the shares bought under the Programme shall not exceed 110% of the average of the final listing prices of the 30 trading days preceding the three trading days prior to each date of repurchase, in accordance to the resolution of the 5 May 2015 Annual General Meeting of Shareholders.
  • The Programme will run from 14 February 2017 through 30 September 2017.


The full details of the Programme, including the Mittal family’s intention to enter into a shares repurchase agreement with Aperam with the objective of maintaining the family's voting rights in Aperam’s issued share capital (net of Treasury Shares) at the current level, pursuant to the Programme, are available here. (EN / FR)

Reporting of Transactions in Accordance with Market Abuse Regulation

In accordance with Market Abuse Regulation, transactions relating to the buyback program are reported below:

  • Over the period June 12, 2017 to June 16, 2017 a total of 175,257 shares were bought at a weighted average price of EUR 41.53 out of which 103,419 shares were bought on Euronext Amsterdam and 71,838 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from June12, 2017 to June 16, 2017 is available here. 

  • Over the period June 5, 2017 to June 9, 2017 a total of 181,431 shares were bought at a weighted average price of EUR 42.97 out of which 107,062 shares were bought on Euronext Amsterdam and 74,369 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from  June 5, 2017 to June 9, 2017 is available here. 

  • Over the period May 29 to June 2, 2017 a total of 180,983 shares were bought at a weighted average price of EUR 43.07 out of which 106,798 shares were bought on Euronext Amsterdam and 74,185 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from  May 29, 2017 to June 2, 2017 is available here.

  • Over the period May 22 to May 26, 2017 a total of 180,145 shares were bought at a weighted average price of EUR 43.27 out of which 106,303 shares were bought on Euronext Amsterdam and 73,842 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from  May 22, 2017 to May 26, 2017 is available here.

  • Over the period May 15 to May 19, 2017 a total of 179,326 shares were bought at a weighted average price of EUR 43.46 out of which 105,821 shares were bought on Euronext Amsterdam and 73,505 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from  May 15, 2017 to May 19, 2017 is available here.

  • Over the period May 8 to May 12, 2017 a total of 127,402 shares were bought at a weighted average price of EUR 45.19 out of which 75,180 shares were bought on Euronext Amsterdam and 52,222 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from  May 8, 2017 to May 12, 2017 is available here.

  • Over the period May 2 to May  5, 2017 a total of 100,624 shares were bought at a weighted average price of EUR 45.70, out of which 59,378 shares were bought on Euronext Amsterdam and 41,246 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from May 2 to May 5, 2017 is available here.  

  • Over the period April 24 to April 28, 2017 a total of 122,148 shares were bought at a weighted average price of EUR 47.07, out of which 72,080 shares were bought on Euronext Amsterdam and 50,068 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from April 24 to April 28, 2017 is available here.

  • Over the period April 18 to April 21, 2017 a total of 100,602 shares were bought at a weighted average price of EUR 45.73, out of which 59,365 shares were bought on Euronext Amsterdam and 41,237 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from April 18 to April 21, 2017 is available here.

  • Over the period April 10 to April 14, 2017 a total of 99,996 shares were bought at a weighted average price of EUR 46.00, out of which 59,008 shares were bought on Euronext Amsterdam and 40,988 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from April 10 to April 14, 2017 is available here.

  • Over the period April 3 to April 7, 2017 a total of 123,871 shares were bought at a weighted average price of EUR 46.36, out of which 73,097 shares were bought on Euronext Amsterdam and 50,774 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from April 3 to April 7, 2017 is available here.

  • Over the period March 27 to March 31, 2017 a total of 116,260 shares were bought at a weighted average price of EUR 46.49, out of which 68,605 shares were bought on Euronext Amsterdam and 47,655 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from March 27 to March 31, 2017 is available here.

  • Over the period March 20 to March 24, 2017 a total of 111,747 shares were bought at a weighted average price of EUR 47.61, out of which 65,942 shares were bought on Euronext Amsterdam and 45,805 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from March 20 to March 24, 2017 is available here.

  • Over the period March 13 to March 17, 2017 a total of 110,344 shares were bought at a weighted average price of EUR 48.21, out of which 65,114 shares were bought on Euronext Amsterdam and 45,230 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from March 13 to March 17, 2017 is available here.

  • Over the period March 6 to March 10, 2017 a total of 89,864 shares were bought at a weighted average price of EUR 47.35, out of which 53,029 shares were bought on Euronext Amsterdam and 36,835 shares were bought through Euronext off market platform from the Mittal family. The detailed statement of own shares dealings made from March 6 to March 10, 2017 is available here.

  • As per the shares repurchase agreement of the Mittal family described above, notification obligations for persons discharging managerial responsibilities are made available on the company’s website, under the Corporate Governance,Share Transactions by Management section.

Reporting obligations for persons discharging managerial responsibilities in accordance with Market Abuse Regulations

As per the shares repurchase agreement of the Mittal family described above, notification obligations for persons discharging managerial responsibilities are made available on the Company’s website, under the Corporate Governance, Share transactions by management section, or here.