Michelin Discloses Share Repurchase Activity for November 27, 2025

Michelin has provided information on its recent share repurchasing activity as of November 27, 2025. The operation involved ordinary shares identified by the ISIN code FR001400AJ45. The company reported a daily transaction volume of 908,473 shares at a weighted average price of 27.5187 euros per share. The transactions were conducted over-the-counter, involving financial entities NATIXIS and BNP PARIBAS.

This repurchase initiative is part of Michelin's securities repurchasing program. The main objective cited for this buyback is the cancellation of shares, which is a strategic move to potentially enhance shareholder value. The implementation of this buyback is regulated, ensuring compliance with relevant securities and market legislation.