Michelin Discloses Details of Share Buyback on December 11, 2025

Michelin, a major player in the tire industry, has announced details of its recent share repurchase activity. On December 11, 2025, the company executed transactions to buy back a significant number of its own ordinary shares, identified by ISIN FR001400AJ45. The total daily volume of shares repurchased reached 1,607,859, with an average price of 27,9875 euros per share. These transactions were conducted over-the-counter.

Two separate repurchase transactions were reported, handled by NATIXIS and BNP PARIBAS, involving 893,255 and 714,604 shares respectively. The primary objective of this share buyback initiative was to cancel the repurchased shares, as per transaction details under the purchase plan referenced 5309224.