Intelligence Feed event · Capital · 2026-10-08

    Michelin Executes Share Buyback of 202,417 Ordinary Shares

    Question

    Michelin Executes Share Buyback of 202,417 Ordinary Shares

    Direct answer

    Compagnie Generale des Etablissements Michelin disclosed the repurchase of 202,417 ordinary shares completed through over-the-counter channels. The transactions transacted at a volume-weighted average price of 32.3318 EUR. The program was executed by three designated financial intermediaries: Natixis, BNP Paribas, and Societe Generale, fulfilling Michelin's active capital return authorization.

    Original publisher
    Market Ontology
    Evidence through
    2026-10-08
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Michelin Executes Share Buyback of 202,417 Ordinary Shares”, revision 1, evidence through 2026-10-08. https://marketontology.com/market-events/2026-10-08/michelin-executes-share-buyback-of-202-417-ordinary-shares-41d0c5

    CAPITAL
    Michelin Executes Share Buyback of 202,417 Ordinary Shares
    Compagnie Generale des Etablissements Michelin disclosed the repurchase of 202,417 ordinary shares completed through over-the-counter channels. The transactions transacted at a volume-weighted average price of 32.3318 EUR. The program was executed by three designated financial intermediaries: Natixis, BNP Paribas, and Societe Generale, fulfilling Michelin's active capital return authorization.
    MGDDY
    Impact
    54
    OCT 8
    SIG
    95%
    MGDDY
    Michelin Executes Share Buyback of 202,417 Ordinary Shares
    Compagnie Generale des Etablissements Michelin disclosed the repurchase of 202,417 ordinary shares completed through over-the-counter channels. The transactions transacted at a volume-weighted average price of 32.3318 EUR. The program was executed by three designated financial intermediaries: Natixis, BNP Paribas, and Societe Generale, fulfilling Michelin's active capital return authorization.
    → Direct corporate repurchases reduce outstanding equity float and absorb secondary dealer inventory at 32.3318 EUR per share.
    Impact
    Compagnie Generale des Etablissements Michelin disclosed the repurchase of 202,417 ordinary shares completed through over-the-counter channels. The transactions transacted at a volume-weighted average price of 32.3318 EUR. The program was executed by three designated financial intermediaries: Natixis, BNP Paribas, and Societe Generale, fulfilling Michelin's active capital return authorization.
    Affected
    MGDDY
    Transmission
    Direct corporate repurchases reduce outstanding equity float and absorb secondary dealer inventory at 32.3318 EUR per share.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    MGDDYfloat reduction via open market corporate share repurchasesUpintradayRepurchased 202,417 shares at 32.3318 EUR

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    What happened next

    AssetCallBase close+1 day+5 days+20 days
    MGDDYUpagreed18.62 2026-10-08+0.54%PendingPending

    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.

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