on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin: Disclosure of Trading in Own Shares - August 21, 2024
Compagnie Générale des Établissements Michelin announced details of its securities repurchasing program on August 21, 2024. The company's social denomination is Michelin, identified by the Legal Entity Identifier (LEI) 549300SOSI58J6VIW052. The types of securities involved are ordinary shares, with the ISIN code FR 0000121261.
The company reported trading activity on August 19, 2024. On this date, Michelin repurchased 1,663,850 shares at a daily weighted average price of 34.6308 euros. The transactions were carried out over-the-counter (Gré à gré). The repurchasing program was executed through BNP Paribas and aimed at canceling the shares acquired.
This activity is part of Michelin's ongoing strategy to manage its capital effectively and return value to shareholders.
R. E.
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