on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Reports Share Buyback Activity on June 25, 2026
Michelin has disclosed details of its recent share buyback program on June 25, 2026. The company repurchased a total of 201,925 ordinary shares, listed under ISIN Code FR001400AJ45. The average price per share was 32.4105 euros. This transaction was conducted over-the-counter, reflecting Michelin's strategic focus on optimizing its capital structure.
The transactions were executed with notable financial institutions, including NATIXIS, BNP PARIBAS, and SOCIETE GENERALE. Each entity handled the purchase of 201,925 shares at the specified price. The buyback is part of Michelin's ongoing effort to manage its equity base efficiently, with the cancellation of these shares being the primary objective.
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