Core Insights - Michelin has initiated a securities repurchasing program, indicating a strategic move to enhance shareholder value and manage capital effectively [1][2] Group 1: Securities Repurchase Details - The repurchase program involves ordinary shares with the ISIN code FR001400AJ45 [1] - On October 1, 2025, Michelin acquired a total of 460,037 shares at an average price of €30.3313 per share [1] - The transactions were conducted over-the-counter, reflecting a direct approach to share buybacks [1] Group 2: Transaction Summary - The issuer's name is Compagnie Générale des Etablissements Michelin, with the LEI code 549300SOSI58J6VIW052 [1] - The buyback objective is referenced as 5309224, indicating a structured plan for share repurchase [1] - The trading activity was disclosed as part of regulatory requirements, ensuring transparency in the company's financial maneuvers [2]
Michelin: Disclosure of trading in own shares - October 1st, 2025