Intelligence Feed event · Equity · 2026-09-03

    Michelin Executes Repurchase of 194.5k Shares at €33.64 Average Price

    Question

    Michelin Executes Repurchase of 194.5k Shares at €33.64 Average Price

    Direct answer

    Compagnie Generale des Etablissements Michelin reported the formal execution of a 194,571-share repurchase tranche on September 3, 2026, at a volume-weighted average price of €33.6355 per share. The transaction was executed via over-the-counter channels through Natixis, BNP Paribas, and Societe Generale. The buyback continues Michelin's planned balance-sheet distribution schedule amidst cyclical European auto sector demand adjustments.

    Original publisher
    Market Ontology
    Evidence through
    2026-09-03
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Michelin Executes Repurchase of 194.5k Shares at €33.64 Average Price”, revision 1, evidence through 2026-09-03. https://marketontology.com/market-events/2026-09-03/michelin-executes-repurchase-of-194-5k-shares-at-33-64-average-price-07aff8

    EQUITY
    Michelin Executes Repurchase of 194.5k Shares at €33.64 Average Price
    Compagnie Generale des Etablissements Michelin reported the formal execution of a 194,571-share repurchase tranche on September 3, 2026, at a volume-weighted average price of €33.6355 per share. The transaction was executed via over-the-counter channels through Natixis, BNP Paribas, and Societe Generale. The buyback continues Michelin's planned balance-sheet distribution schedule amidst cyclical European auto sector demand adjustments.
    MGDDY
    Impact
    52
    SEP 3
    SIG
    92%
    MGDDY
    Michelin Executes Repurchase of 194.5k Shares at €33.64 Average Price
    Compagnie Generale des Etablissements Michelin reported the formal execution of a 194,571-share repurchase tranche on September 3, 2026, at a volume-weighted average price of €33.6355 per share. The transaction was executed via over-the-counter channels through Natixis, BNP Paribas, and Societe Generale. The buyback continues Michelin's planned balance-sheet distribution schedule amidst cyclical European auto sector demand adjustments.
    → Targeted corporate treasury buybacks absorb 194,571 shares of floating European auto supplier equity, supporting Michelin's net asset value per share.
    Impact
    Compagnie Generale des Etablissements Michelin reported the formal execution of a 194,571-share repurchase tranche on September 3, 2026, at a volume-weighted average price of €33.6355 per share. The transaction was executed via over-the-counter channels through Natixis, BNP Paribas, and Societe Generale. The buyback continues Michelin's planned balance-sheet distribution schedule amidst cyclical European auto sector demand adjustments.
    Affected
    MGDDY
    Transmission
    Targeted corporate treasury buybacks absorb 194,571 shares of floating European auto supplier equity, supporting Michelin's net asset value per share.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    MGDDYfloat reduction via ongoing corporate share repurchase mandateUp1-5dMichelin disclosed an OTC repurchase of 194,571 shares at €33.6355 per share.

    Does this development affect your holdings?

    Enter your holdings to check them against this and other recent developments, review the decision that matters most, then set a monitor.

    Check this development against my holdings

    Review your initial audit before choosing ongoing portfolio scanning at $79/month.

    What happened next

    AssetCallBase close+1 day+5 days+20 days
    MGDDYUpdisagreed20.21 2026-09-03+0.74%-4.40%-8.07%

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

    No verifiable public source recorded for this card.

    Related

    Check this development against my holdings

    See today's live cards

    Public pages are published 24 hours after the product shows them. Desk shows every catalyst, event and causal reading as it happens, mapped to your holdings.

    Open Desk — $399/month