Understanding Michelin's Capital and Voting Rights Breakdown
Michelin's Share Capital and Voting Rights Overview
In recent disclosures, Michelin has provided insights into its share capital and the total number of voting rights. This information is crucial for investors, shareholders, and market analysts, as it reflects the company's governance structure.
The Company's Capital Explained
COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN operates under a Partnership Limited by Shares. The capital of Michelin stands impressively at EUR 352,872,321.50, a significant amount highlighting its robust financial footing in the market.
Total Number of Shares and Voting Rights
As of our latest update, there were 705,747,272 shares in circulation. Each of these shares carries voting rights, instrumental in corporate decision-making processes. The total theoretical voting rights amount to an impressive 998,581,514, which indicates the potential influence of shareholders in key corporate matters.
Key Dates for Investors
The most recent data showcases a snapshot of the company's capital structure as of December 31, 2024. This date serves as a pivotal reference for understanding changes in shareholding and voting dynamics, making it a critical point for interested stakeholders.
Michelin's Commitment to Transparency
Michelin prides itself on its transparency and adherence to financial regulations. The data disclosed aligns with Articles L.233-8 of the French Commercial Code and 223-16 of the regulations laid out by the Autorité des Marchés Financiers. Investors are encouraged to stay informed through such updates, which provide a clearer picture of the company's operations and strategic direction.
The Importance of Voting Rights
Voting rights are not just numbers; they represent the power of stakeholders in shaping the future of the company. With a total of 998,581,514 voting rights, Michelin's shareholders have a significant voice when it comes to making decisions that impact the company's trajectory.
Contacting Michelin for Investor Relations
For those interested in more information about their shares and governance, Michelin offers robust channels for communication. Investors can reach out via email for inquiries regarding shareholder relations and specific concerns related to their investments.
Ways to Connect
Individuals interested in investor relations can contact Michelin at investor-relations@michelin.com. For media inquiries, the contact number is +33 (0) 1 45 66 22 22. This openness facilitates a better understanding of the company's direction and enhances investor confidence.
Frequently Asked Questions
What is the current total number of shares for Michelin?
The current total number of shares is 705,747,272.
How many voting rights does each share carry?
Each share carries voting rights, culminating in a total of 998,581,514 voting rights overall.
Why is Michelin's voting rights disclosure important?
This disclosure is crucial as it provides investors with knowledge about their influence over corporate decision-making.
Where can I find further information on Michelin's shares?
Investors interested in more information can visit Michelin’s official channels or contact their investor relations team.
How does Michelin ensure transparency in its operations?
Michelin complies with financial regulations and publishes regular updates regarding its capital and voting rights.
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Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. If any of the material offered here is inaccurate, please contact us for corrections.
