on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Discloses Share Buyback Details
Michelin, headquartered in Clermont-Ferrand, has disclosed information regarding its recent securities repurchasing program. On July 9th, 2026, the company executed transactions involving ordinary shares with ISIN code FR001400AJ45. This repurchase activity is part of a regulated program aimed at share cancellation.
Each buyback transaction involved a total volume of 197,547 shares at a weighted average price of 33.1288 euros per share. The acquisitions occurred over-the-counter through financial intermediaries including Natixis, BNP Paribas, and Société Générale.
The transaction objectives are focused on share cancellation, with the total quantity bought reflected in the specified daily volume. Such strategic movements are part of Michelin's ongoing efforts to manage its capital structure effectively.
R. P.
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