🟢 MT is trading 4.2% up today after announcing second share buyback tranche

MT is trading 4.2% up at $61.76 in pre-market after ArcelorMittal announced the commencement of the second tranche of its 2025–2030 share buyback program.

• The buyback news is the primary driver of the stock's strength, as broader markets remain relatively muted.
• The announcement marks the next phase of the company's long-term capital return strategy, significantly boosting investor sentiment.