sur COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)
Michelin: Declaration of transactions in own shares - August 22, 2024
Compagnie Générale des Établissements Michelin has issued a press release detailing its recent transactions in its own shares as part of a share buyback program, excluding transactions related to a liquidity contract. These transactions took place on August 21, 2024.
The total volume of shares repurchased amounts to 235,811 ordinary shares, spread over two separate transactions. The transactions were carried out with a weighted average price of EUR 33.1658 per share. The transactions were carried out over-the-counter via Natixis and BNP Paribas, identified respectively by the codes KX1WK48MPD4Y2NCUIZ63 and R0MUWSFPU8MPRO8K5P83.
The stated objective of these share buybacks is their cancellation, as stated in the company's communication. This initiative is part of a capital management strategy aimed at optimizing the company's financial structure.
R. H.
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