Michelin Acquires 1.6 Million Shares for Cancellation
On December 18, 2025, Compagnie Générale des Établissements Michelin carried out the purchase of 1,627,205 ordinary shares as part of its buyback program, according to a regulatory statement released by the group.
Details of the Transaction
According to the press release, the Clermont-based manufacturer acquired a total of 1,627,205 ordinary shares at an average weighted price of 27.6548 euros per share. The transactions were conducted over-the-counter in two separate operations. The first transaction, carried out through Natixis, involved 904,003 shares, while the second, conducted via BNP Paribas, involved 723,202 shares. Both transactions were executed at the same unit price of 27.6548 euros.
Purpose of the Share Buyback
The company specifies that these share buybacks are part of a program aimed at the cancellation of the acquired shares. This operation, referenced under number 5309224, concerns ordinary shares bearing the ISIN code FR001400AJ45. The group is identified under the LEI code 549300SOSI58J6VIW052. These regulatory details were communicated in accordance with the transparency obligations applicable to share buyback programs, outside the framework of a liquidity contract.
