on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin cancels 22,919,400 treasury shares
Compagnie Générale des Établissements Michelin has announced a reduction in its share capital through the cancellation of 22,919,400 treasury shares. This decision, effective December 30, 2025, results from the implementation of the 14th resolution of the Combined General Meeting of Shareholders held on May 16, 2025. The cancelled shares represent 3.23% of the company's total share capital.
The process was initiated following the decision of the Chairman of the Board of Management, dated December 19, 2025. The official announcement was published by Euronext on December 24, 2025. This operation reflects a financial strategy aimed at optimizing Michelin's capital structure.
R. E.
Copyright © 2025 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