Michelin: Disclosure of trading in own shares - November 27, 2025

Core Viewpoint - The company, Michelin, has announced a securities repurchasing program, indicating a strategic move to buy back its own shares, which may reflect confidence in its financial health and future prospects [1] Group 1: Securities Repurchase Details - The repurchase program involves ordinary shares with the ISIN code FR001400AJ45 [1] - On November 27, 2025, Michelin acquired a total of 908,473 shares at an average price of €27.5187 per share [1] - The transactions were conducted over-the-counter, indicating a direct purchase rather than through a public exchange [1] Group 2: Transaction Information - The issuer code for Michelin is 549300SOSI58J6VIW052 [1] - The transactions were executed by financial institutions, including NATIXIS and BNP PARIBAS, which facilitated the share buyback [1] - The total volume of shares acquired on the specified date reflects a significant investment in the company's own equity [1]