Michelin

Michelin executed a share buyback program on August 13, 2026, repurchasing 196,718 ordinary shares via OTC trades at an average price of €33.2684. This move aims to return capital to shareholders, enhance financial metrics like EPS and ROE, and signal confidence in the company’s value. The buybacks, facilitated by major financial institutions, will likely be followed by share cancellation. This financial strategy supports Michelin’s substantial investments in technological advancements for electrification and autonomous driving.