Later kwam er nog en vervolgvraag
Christian -- SocGen -- Analyst
Okay. Okay, thanks. And follow-up on a different subject. The 50% of free cash flow, which you -- would be used to do share buyback. In a scenario where your share price increases materially and perhaps the share buyback impact is less obvious, would you consider changing that for a dividend payment? Or reducing the buyback and increasing the dividend instead? Or is that purely committed to buy back?
Aditya Mittal -- Chief executive officer
Yes. Thank you for the question. We're not committed to the buyback in that sense. We remain flexible. The intent is to return capital to shareholders. Clearly, in a buyback, our shareholders can also participate by selling down their stake proportionately as well. But this remains a live discussion, and we're happy to engage and fine-tune the plan. But the fundamental takeaway should be that there's a progressive base dividend, i.e., by the word, progressive, we are signaling that it should increase in time. And on top of that, the remaining cash flow, 50% would be returned to shareholders.