on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Announces Share Buyback Details for December 19, 2025
Michelin disclosed the details of its share buyback activity conducted on December 19, 2025. The company repurchased 354,772 ordinary shares. Each share was acquired at a daily weighted average price of 28.1871 euros. The transactions were executed over-the-counter with BNP Paribas acting as the financial intermediary.
The strategic objective behind these repurchases is share cancellation. This move is part of Michelin's broader securities repurchasing program, a regulated initiative designed to manage the number of shares in circulation effectively. These actions align with the company's financial management strategy, aiming to balance shareholder value and market presence.
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