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Michelin: Disclosure of trading in own shares - October 1st, 2025
Globenewswire· 2025-10-01 15:45
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing programRegulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR001400AJ45Date : October 1st, 2025 Issuer Name Issuer code Transactiondate ISIN Code Daily total volume (in number of actions) Daily weighted average price of shares acquired Platform Compagnie Générale des Etablissements Michelin 549300SOSI58J6VIW052 <td style="w ...
Michelin: Disclosure of trading in own shares - September 24th, 2025
Globenewswire· 2025-09-24 15:45
Group 1 - The company Michelin has initiated a securities repurchasing program, specifically for ordinary shares, with the ISIN code FR001400AJ45 [1] - On September 24, 2025, Michelin repurchased a total of 453,156 shares at an average price of 30.7918 euros per share [1] - The transactions were conducted over-the-counter, indicating a private market transaction rather than a public exchange [1] Group 2 - The repurchase program is part of Michelin's strategy to manage its capital and enhance shareholder value [2] - The disclosure of trading in own shares highlights the company's commitment to returning capital to shareholders through share buybacks [2]
Michelin: Disclosure of trading in own shares - September 17th, 2025
Globenewswire· 2025-09-17 15:45
Group 1 - The company Michelin has initiated a securities repurchasing program, specifically for its ordinary shares, with the ISIN code FR001400AJ45 [1] - On September 17, 2025, Michelin repurchased a total of 452,166 shares at an average price of €30.8592 per share [1] - The transactions were conducted over-the-counter, indicating a private market for these share repurchases [1] Group 2 - The issuer's social denomination is Compagnie Générale des Etablissements Michelin, with the LEI code 549300SOSI58J6VIW052 [1] - The disclosure of trading in own shares was officially documented on September 17, 2025 [2]
Michelin: Disclosure of trading in own shares - September 10th, 2025
Globenewswire· 2025-09-10 15:45
Group 1 - The company Michelin has initiated a securities repurchasing program, specifically for ordinary shares, with the ISIN code FR001400AJ45 [1][2] - On September 10, 2025, Michelin repurchased a total of 459,290 shares at an average price of €30.3806 per share [1] - The transactions were conducted over-the-counter, indicating a direct negotiation between the buyer and seller rather than through a public exchange [1] Group 2 - The repurchase program is part of Michelin's strategy to manage its capital structure and enhance shareholder value [1] - The total volume of shares repurchased reflects the company's commitment to returning capital to shareholders [1]
Michelin: Commitment and value sharing: Michelin launches a new global employee share ownership plan “BIB’Action 2025”
Globenewswire· 2025-09-08 15:45
Core Viewpoint - Michelin has launched a new global employee share ownership plan named "BIB'Action 2025," aimed at enhancing employee shareholding and aligning employee interests with the company's value creation [2][3]. Summary by Sections Employee Share Ownership Plan - The new plan is open to approximately 115,000 eligible active employees across 44 countries, continuing Michelin's tradition of offering employee share ownership plans since 2002 [2]. - The goal is for 4% of Michelin Group's shares to be held by employees by 2030, with annual offerings of BIB'Action plans being a key strategy to achieve this [3]. Subscription Details - The subscription period for the BIB'Action 2025 plan is set from September 10, 2025, to September 25, 2025 [3]. - The subscription price is established at €22.19, which represents a 30% discount from the reference price based on the average opening prices over the preceding 20 trading days [4]. Share Acquisition and Benefits - Employees can acquire up to 2,000 shares, with the company providing free shares based on the number of shares subscribed: 1 free share for every share subscribed up to 5 shares, and 1 free share for every 5 shares subscribed from 6 to 55 shares [8]. - Employees participating in the plan will have voting rights at the Shareholders Meeting in May 2026 and will receive dividends as approved by that meeting [5]. Regulatory and Lock-Up Period - The shares acquired through this plan will be subject to a five-year lock-up period, starting from the date of the rights issue on October 28, 2025, unless an early release is permitted [11]. - The rights issue is authorized to increase the company's capital by up to a maximum of 7,000,000 shares [9].
Michelin: Disclosure of trading in own shares - September 3rd, 2025
Globenewswire· 2025-09-03 15:45
Core Viewpoint - Michelin has initiated a securities repurchasing program, acquiring a total of 446,682 ordinary shares at an average price of 31.2381 euros per share on September 3, 2025 [1][2]. Group 1: Securities Repurchase Details - The repurchase was conducted over-the-counter, with the shares acquired under the ISIN code FR001400AJ45 [1]. - The total volume of shares repurchased on this date was 446,682 [1]. - The average price per share during this transaction was 31.2381 euros [1]. Group 2: Issuer Information - The issuer of the shares is Michelin, with the LEI code 549300SOSI58J6VIW052 [1]. - The transaction is part of a broader buyback objective, although specific details on the overall buyback plan were not disclosed [1].
Michelin completes the divestment of its bias tires and tracks for compact construction equipment activities
Globenewswire· 2025-09-01 15:45
Core Points - Michelin has completed the divestment of its bias tires and tracks for compact construction equipment activities, following the terms announced on December 6, 2024, and after obtaining necessary approvals for the transaction [1] - The divestment includes two plants in Sri Lanka, the Midigama Tyre Division and Casting Product Division, and the Camso brand, which will be sold after a three-year licensing period [2] - This decision aligns with Michelin's sustainable growth strategy, "Michelin in Motion 2030," focusing on areas where the Group's innovations and technologies are most valued [3] - The divestment and discontinuation of these activities, which represented approximately 3% of the Group's third Reporting Segment (RS3) net sales in 2024, is expected to enhance the financial performance of the Segment [4]
Michelin: Disclosure of trading in own shares - August 27th, 2025
Globenewswire· 2025-08-27 15:45
Group 1 - The company Michelin has announced a securities repurchasing program, specifically for ordinary shares with ISIN code FR001400AJ45 [1] - On August 27, 2025, Michelin repurchased a total of 436,917 shares at an average price of €31.9363 per share [1] - The transactions were conducted over-the-counter, indicating a direct negotiation between the buyer and seller rather than through a public exchange [1] Group 2 - The repurchase is part of Michelin's strategy to manage its capital structure and potentially enhance shareholder value [2] - The disclosure of trading in own shares highlights the company's ongoing commitment to returning capital to shareholders [2]
Michelin: Disclosure of trading in own shares - August 20th, 2025
Globenewswire· 2025-08-20 15:45
Group 1 - The company Michelin has announced a securities repurchasing program, specifically for ordinary shares with ISIN code FR001400AJ45 [1] - On August 20, 2025, Michelin repurchased a total of 448,631 shares at an average price of €31.1024 per share [1] - The transactions were conducted over-the-counter, indicating a private market transaction rather than a public exchange [1] Group 2 - The repurchase is part of a broader strategy to manage the company's capital structure and potentially enhance shareholder value [2]
Michelin: Disclosure of trading in own shares - 13 AUGUST 2025
Globenewswire· 2025-08-13 15:45
Core Viewpoint - Michelin has initiated a securities repurchasing program, acquiring a total of 458,029 ordinary shares at a daily weighted average price of €30.4642 on August 13, 2025 [1]. Group 1: Securities Repurchase Details - The repurchase program is regulated and involves ordinary shares with ISIN code FR001400AJ45 [1]. - The total volume of shares acquired on the specified date was 458,029 [1]. - The transaction was conducted over-the-counter, indicating a private market transaction rather than a public exchange [1]. Group 2: Issuer Information - The issuer is Compagnie Générale des Établissements Michelin, with the LEI code 549300SOSI58J6VIW052 [1]. - The repurchase program is part of the company's strategy to manage its capital structure and enhance shareholder value [1].