on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin Announces Share Transactions
Compagnie Générale des Établissements Michelin has communicated on its recent transactions of its own shares carried out as part of a share buyback program, dated March 5, 2025. These transactions, carried out outside of a liquidity contract, are a key element of the company's strategy.
During the day of March 5, Michelin repurchased 36,500 ordinary shares. The average acquisition price was 34.0013 euros per share. The transactions were executed on the over-the-counter market, under the ISIN code FR001400AJ45. The investment bank involved in these transactions is Kepler.
This purchase contributes to the optimization of the company's employee shareholding. The development of this program demonstrates an important strategic direction for Michelin's management.
R. P.
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