on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Announces Share Buyback Program Details
Michelin has announced the details of its share buyback program as of October 1st, 2026. The issuer, Compagnie Générale des Établissements Michelin, executed repurchases of its ordinary shares, registered under ISIN code FR001400AJ45. A daily total of 201,844 shares was acquired at a daily weighted average price of 32.4236 euros.
The transactions, conducted over-the-counter, aim at share cancellation. Notably, these transactions included involvement from financial entities such as NATIXIS, BNP Paribas, and Société Générale. The buyback program's reference number is 5309224.
This buyback reflects Michelin's strategic approach to managing its capital structure and providing returns to shareholders while ensuring compliance with regulated financial information disclosure requirements.
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