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].