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Michelin: Disclosure of trading in own shares - 20 AUGU 2026

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Michelin (MGDDY) disclosed transactions under its share repurchase program on August 20, 2026, involving ordinary shares (ISIN FR001400AJ45). For each reported transaction, 195,631 shares were acquired over-the-counter at a daily weighted average price of €33.4533, with the stated objective of share cancellation. Transactions were executed via Natixis, BNP Paribas and Société Générale.

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Positive

  • Share buyback for cancellation at €33.4533 per share on August 20, 2026
  • Per reported transaction, 195,631 ordinary shares repurchased over-the-counter for cancellation

Negative

  • None.

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Information about securities repurchasing program
Regulated information
Issuer social denomination: Michelin – LEI 549300SOSI58J6VIW052
Types of securities: ordinary shares – Code ISIN FR001400AJ45
Date : August 20th, 2026

Issuer NameIssuer codeTransaction
date
ISIN CodeDaily total volume (in number of actions)Daily weighted average price of shares acquiredPlatform
Compagnie Générale des Etablissements Michelin549300SOSI58J6VIW05220.08.2026FR001400AJ45195 63133.4533 eurosOver-the-counter
Compagnie Générale des Etablissements Michelin549300SOSI58J6VIW05220.08.2026FR001400AJ45195 63133.4533 eurosOver-the-counter
Compagnie Générale des Etablissements Michelin549300SOSI58J6VIW05220.08.2026FR001400AJ45195 63133.4533 eurosOver-the-counter


Issuer NameIssuer codePSI
Name
Issuer CodeTransaction date 

ISIN Code
Unit PriceCurrencyQuantity boughtPlatformTransaction reference numberBuyback objective
Compagnie Générale des Etablissements Michelin549300SOSI58J6VIW052NATIXISKX1WK48MPD4Y2NCUIZ6320.08.2026FR001400AJ4533,4533Euro195 631Over-the-counter5309224Cancellation
Compagnie Générale des Etablissements Michelin549300SOSI58J6VIW052BNP PARIBAS R0MUWSFPU8MPRO8K5P8320.08.2026FR001400AJ4533,4533Euro195 631Over-the-counter5309224Cancellation
Compagnie Générale des Etablissements Michelin549300SOSI58J6VIW052SOCIETE GENERALEO2RNE8IBXP4R0TD8PU4120.08.2026FR001400AJ4533,4533Euro195 631Over-the-counter5309224Cancellation

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FAQ

What did Michelin (MGDDY) announce about trading in its own shares on August 20, 2026?

Michelin reported over-the-counter repurchases of its ordinary shares on August 20, 2026. According to Michelin, each disclosed transaction involved 195,631 shares at a daily weighted average price of €33.4533, with the explicit objective of cancelling the repurchased shares.

At what price did Michelin (MGDDY) repurchase shares on August 20, 2026?

Michelin repurchased its ordinary shares at a daily weighted average price of €33.4533. According to Michelin, this price applied to each disclosed over-the-counter transaction on August 20, 2026, for shares with ISIN code FR001400AJ45 under its buyback program.

How many Michelin (MGDDY) shares were involved in each buyback transaction on August 20, 2026?

Each reported transaction involved 195,631 Michelin ordinary shares. According to Michelin, these shares, identified by ISIN FR001400AJ45, were acquired over-the-counter on August 20, 2026, at a weighted average price of €33.4533 per share for the purpose of cancellation.

What is the objective of Michelin (MGDDY) buying back shares on August 20, 2026?

The stated objective of the August 20, 2026 share repurchases is cancellation. According to Michelin, the ordinary shares bought back over-the-counter at €33.4533 per share are intended to be cancelled, which would reduce the number of shares outstanding once implemented.

Which financial intermediaries executed Michelin (MGDDY) share buybacks on August 20, 2026?

The trades were executed via Natixis, BNP Paribas and Société Générale. According to Michelin, these institutions acted as investment service providers for over-the-counter purchases of its ordinary shares on August 20, 2026, under the company’s share repurchase program for cancellation.

What type of securities did Michelin (MGDDY) repurchase on August 20, 2026 and what is the ISIN?

Michelin repurchased its ordinary shares identified by ISIN FR001400AJ45. According to Michelin, these securities were acquired over-the-counter at a daily weighted average price of €33.4533 per share, with each disclosed transaction covering 195,631 shares targeted for cancellation.