Michelin repurchases 196,851 shares for cancellation

Michelin reported a significant transaction under its securities repurchasing program on August 27, 2026. The company acquired 196,851 of its own ordinary shares through over-the-counter trades.

The shares were purchased at a daily weighted average price of approximately 33.246 euros. The buyback operations were executed through several financial partners, including Natixis, BNP Paribas, and Societe Generale. The stated objective of these repurchases is the cancellation of the acquired shares.