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Michelin Shares Buyback Program Disclosure

Michelin Shares Buyback Program Disclosure

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.

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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