on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Announces Recent Share Buyback Activity
On October 16, 2025, Compagnie Générale des Etablissements Michelin disclosed its recent engagement in a share buyback program. Over the course of two days, Michelin repurchased a significant number of its ordinary shares, identifiable by ISIN code FR001400AJ45, as part of a planned securities repurchasing program.
On October 15, 2025, the company bought back 462,253 shares at an average price of 30.1859 euros. The subsequent day, October 16, 2025, Michelin increased its buyback volume significantly, acquiring 4,062,781 shares at an average price of 30.8816 euros. All transactions were executed over-the-counter, with the repurchasing organized through CA-CIB.
The objective of these buybacks is explicitly for the cancellation of the shares, indicating a strategic move by Michelin to potentially enhance shareholder value by reducing the total number of outstanding shares.
R. H.
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