Details on the Securities Repurchase Program
Issuer name: Michelin – LEI 549300SOSI58J6VIW052
Type of securities: ordinary shares – ISIN Code FR 0000121261
Trading Information
Below is a summary of the recent trading activity concerning Michelin shares:
Transaction Summary
Issuer Name: Compagnie Générale des Etablissements Michelin
Issuer Code: 549300SOSI58J6VIW052
ISIN Code: FR001400AJ45
Trading Platform: Gré à gré
Latest Transactions
On August 19, 2024, Michelin acquired a total of 1,663,850 shares at an average price of €34.6308.
Transaction Details:
- Issuer Name: Compagnie Générale des Etablissements Michelin
- Transaction Date: August 19, 2024
- Volume for the Day: 1,663,850
- Average Price for the Day: €34.6308
- Trading Platform: Gré à gré
Purpose of the Buyback
The main goal of this buyback program is to effectively manage the issuer's capital and improve its financial structure.
Transaction Reference: 5309224
Frequently Asked Questions
What is the purpose of Michelin's share repurchase program?
The program is designed to enhance the company's capital structure and increase shareholder value.
How many shares were recently repurchased?
Recently, Michelin repurchased 1,663,850 shares.
What was the average price for the shares acquired?
The average price for the shares acquired was €34.6308.
Does this information apply to all Michelin shares?
This buyback program specifically pertains to ordinary shares identified by the designated ISIN code.
Where can I find more information about this buyback program?
Additional details regarding the buyback program can usually be found in shareholder communications or official announcements.