on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin: Transactions in own shares as of August 27, 2026
On August 27, 2026, Michelin carried out several share buybacks under its share buyback program, outside of its liquidity contract. These transactions were conducted on the over-the-counter market. The total volume for each transaction amounted to 196,851 shares, with a weighted average purchase price of €33.246 per share.
The transactions were carried out with the involvement of several financial institutions, including Natixis, BNP Paribas, and Société Générale. The stated objective of these share buybacks is their future cancellation.
These operations are part of the capital management strategy initiated by Michelin, probably aimed at optimizing the company's capital structure.
R. P.
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