on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin: Transactions in Own Shares as of July 9, 2026
On July 9, 2026, Michelin carried out several transactions under a share buyback program. These transactions were conducted outside of a liquidity contract. The ordinary shares involved bear the ISIN code FR001400AJ45.
A total of 197,547 shares were traded in each transaction, at a weighted average price of €33.1288 per share. The transactions were conducted over-the-counter, confirming the use of an over-the-counter market for these specific operations.
Three financial institutions, Natixis, BNP Paribas, and Société Générale, participated in these transactions. The aim of the buybacks is to cancel the shares, which can affect the company's free float. This strategic decision could impact Michelin's shareholder structure.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN news