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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 17 days · First seen · Last updated
Michelin share buyback program
Overview
On August 27, 2026, Michelin reported the acquisition of 196,851 of its own ordinary shares through over-the-counter trades as part of its securities repurchasing program.
The shares were bought at a daily weighted average price of approximately 33.246 euros via financial partners including Natixis, BNP Paribas, and Societe Generale. The company stated the objective of these repurchases is the cancellation of the acquired shares.
Entities
Michelin · Natixis · Société Générale · Vinci SA · BNP Paribas
Timeline
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16 days ago
[BUSINESS] 2 sourcesMichelin repurchases 196,851 shares for cancellationMichelin repurchased 196,851 ordinary shares on August 27, 2026, at an average price of 33.246 euros for the purpose of cancellation.
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about 1 month ago
[BUSINESS] 2 sourcesMichelin and VINCI SA disclose recent share buyback transactionsMichelin and VINCI SA have disclosed recent share buyback activities, with Michelin repurchasing 195,137 shares and VINCI acquiring 476,836 treasury shares in early August 2026.
Sources
marketwire.com · stocktitan.net