on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Discloses Share Buyback Transactions
Michelin has announced details regarding its recent share repurchase activity. The transactions, executed on August 27, 2026, involved ordinary shares with the ISIN code FR001400AJ45. The daily trading volume for these transactions totaled 196,851 shares, with a weighted average price of 33.246 euros per share. These operations were conducted over-the-counter.
The share buybacks were facilitated by three financial institutions: Natixis, BNP Paribas, and Société Générale, each purchasing the same volume and price of shares. The total amount of shares acquired during this period was allocated for the purpose of cancellation, indicating a strategic move by the company to reduce its share capital.
R. E.
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