Michelin Reports Share Buyback Activity

Michelin has disclosed its trading activity related to the repurchase of its own shares, dated September 17th, 2026. The company is engaged in a securities repurchasing program, acquiring ordinary shares. For the specified date, Michelin purchased a total of 199,562 shares at an average price of 32.7943 euros each. These transactions were executed over-the-counter.

The repurchases were structured through transactions with financial institutions such as Natixis, BNP Paribas, and Société Générale. Each of these institutions facilitated the purchase of 199,562 shares on the same date. The objective behind these buybacks is the cancellation of the acquired shares, indicating a strategic move by Michelin to manage its share capital.