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Michelin repurchases 197,547 shares at €33.13 each for cancellation on July 9, 2026.

Company Fundamentals
09 Jul 2026
Na
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Neutral
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On July 9, 2026, Michelin executed a share buyback program, repurchasing 197,547 of its ordinary shares at an average price of €33.13 per share. The shares were acquired through over-the-counter transactions involving several financial institutions and are intended for cancellation. This move is part of Michelin's ongoing efforts to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

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