on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Announces Share Buyback Transactions
On August 20th, 2026, the Compagnie Générale des Etablissements Michelin disclosed details of its recent share buyback activity. The company reported purchasing a total of 195,631 ordinary shares of its own stock. Each share was acquired at a daily weighted average price of 33.4533 euros. These transactions were conducted over-the-counter.
The buyback program involved several notable financial institutions. Natixis, BNP Paribas, and Société Générale each facilitated transactions for the securities, identified by the ISIN code FR001400AJ45. All purchases were executed with the objective of eventual share cancellation, aimed at optimizing capital structure.
This initiative is part of Michelin’s regulated securities repurchasing program and reflects its strategic approach to managing shareholder value.
R. P.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN news