Michelin: Disclosure of trading in own shares - November 28, 2025

Core Insights - Michelin has initiated a securities repurchasing program, indicating a strategic move to enhance shareholder value through the buyback of ordinary shares [1][2] Group 1: Securities Repurchase Details - The repurchase program involves ordinary shares with the ISIN code FR001400AJ45 [1] - On November 28, 2025, Michelin acquired a total of 707,752 shares at an average price of 28.2585 euros per share [1] - The transactions were conducted over-the-counter, reflecting a direct approach to share buybacks [1] Group 2: Transaction Overview - The issuer's name is Michelin, with the issuer code being 549300SOSI58J6VIW052 [1] - The transaction was executed through BNP Paribas, indicating collaboration with a financial institution for the buyback process [1] - The total volume of shares acquired on the specified date highlights the company's commitment to returning capital to shareholders [1]