ArcelorMittal (NYSE:MT) is listed as one of the best stocks to invest in under $100. Recently, the company completed the first phase of its share buyback program, repurchasing 10 million shares at an average price of €49.32, with plans for future cancellations.
They have also initiated a second phase of the buyback program, with authorization to repurchase an additional 10 million shares following a shareholder mandate. Future repurchases will continue until May 2030, depending on market conditions and available free cash flow.
As a leading global steel and mining company, ArcelorMittal is dedicated to producing sustainable steel through innovative, low-carbon processes. While it’s a strong investment candidate, there’s potential in AI stocks that may offer better upside with lower risk.
For further reading, you might explore topics like “33 Stocks That Should Double in 3 Years” or “Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.”
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