on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Executes Share Buyback on July 2nd, 2026
Michelin has announced the details of its recent share buyback transaction executed on July 2nd, 2026. The company successfully repurchased a total of 203,074 ordinary shares, designated under ISIN code FR001400AJ45. Each share was bought at a weighted average price of 32.2272 euros.
The transactions were conducted over-the-counter and involved multiple financial intermediaries, including Natixis, BNP Paribas, and Société Générale. Michelin's buyback initiative aims at the subsequent cancellation of these shares, in line with its capital management strategy. This action reflects Michelin's commitment to enhancing shareholder value through prudent financial practices.
R. H.
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