Michelin's Current Voting Rights and Share Capital Overview
Introduction to Michelin's Governance Structure
When it comes to understanding the intricate workings of a company, one of the critical elements to consider is its governance structure. Michelin, known for its innovative tire technologies, operates as a Partnership Limited by Shares with a clear capital base of EUR 352,874,393. This structure not only paves the way for effective management but also instills confidence among shareholders and investors about their investment.
Understanding Voting Rights and Share Capital
In a vibrant market, it's essential for stakeholders to have access to information regarding the total number of voting rights and shares that constitute the company's capital. This information aids in determining ownership stakes and the overall financial health of a corporation. For example, as of a recent date, Michelin reported a total of 705,748,786 shares in circulation. This is crucial for shareholders as it directly influences decision-making during shareholder meetings.
Recent Share Statistics
On the latest report dated July 31, 2025, Michelin disclosed that the total number of theoretical voting rights stands at a substantial 1,034,772,360. However, the actual number of voting rights, which excludes treasury shares, comes to 1,034,771,533. The existence of treasury shares, which currently numbers 827, reflects the company's prudent approach to capital management.
Contacting Michelin for Investor Relations
Effective communication is key in the dynamic field of finance. General inquiries regarding shareholding, financial performance, or governance can be directed to Michelin’s dedicated Investor Relations team. Here are some pertinent contact details:
Investor Relations Team
For further information, investors and stakeholders can reach out via email:
- For general inquiries: investor-relations@michelin.com
- Contact Guillaume Jullienne directly at: guillaume.jullienne@michelin.com
- For inquiries directed to Benjamin Marcus: benjamin.marcus@michelin.com
Media Relations Information
In addition to investor inquiries, Michelin provides a pathway for media representatives to get in touch:
Media Relations Contact
For media inquiries, the following can be contacted:
- Phone: +33 (0) 1 45 66 22 22
- Email: groupe-michelin.service.de.presse@michelin.com
For individual shareholders, the phone number is +33 (0) 4 73 32 23 05. You can also reach Muriel Combris-Battut at muriel.combris-battut@michelin.com or Elisabete Antunes at elisabete.antunes@michelin.com.
Conclusion
Understanding the details surrounding voting rights and share capital is paramount for both existing and prospective investors in Michelin. The information shared provides crucial insights into how the company maintains transparency and supports its shareholders, ensuring that everyone involved has a voice in the company's future endeavors. As an influential player in the tire industry, Michelin continues to uphold its commitments while adapting to market changes, making it a noteworthy consideration for your investment portfolio.
Frequently Asked Questions
What are the recent voting rights for Michelin?
As of July 31, 2025, the total number of voting rights for Michelin is 1,034,771,533, excluding treasury shares.
How many shares does Michelin currently have?
Michelin currently has 705,748,786 shares in circulation, reflecting its stable capital structure.
Who can I contact for investor relations inquiries?
You can contact the Investor Relations team via email at investor-relations@michelin.com.
What is the role of treasury shares in voting rights?
Treasury shares are not included in the calculation of voting rights. This means that they cannot be voted on, thereby impacting the total voting rights of public shareholders.
How can I get more information about Michelin's shares?
For more details, you may check with Michelin's official Investor Relations team or review their publicly available filings.
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