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Michelin repurchases 233,701 shares at €28.00 each for cancellation on April 2, 2026

Company Fundamentals
02 Apr 2026
GlobeNewsWire
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Neutral
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On April 2, 2026, Michelin repurchased 233,701 of its own ordinary shares at a weighted average price of €28.0037 per share through over-the-counter transactions. The shares were bought back with the objective of cancellation, indicating a reduction in the company's outstanding shares. This move is part of Michelin's ongoing share repurchasing program, which can help improve shareholder value by reducing share count. Investors should watch for further updates on the program and its impact on Michelin's stock performance.

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