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Michelin repurchases 193,528 shares at €33.82 each for cancellation on July 30, 2026

Company Fundamentals
30 Jul 2026
Na
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Neutral
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On July 30, 2026, Michelin executed a share buyback program, purchasing 193,528 ordinary shares at an average price of €33.82 per share. The shares were bought over-the-counter through brokers Natixis, BNP Paribas, and Societe Generale. The purpose of this transaction was to cancel the repurchased shares, which can help improve earnings per share and shareholder value. This move reflects Michelin's ongoing capital management strategy.

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