Michelin buyback: 202,417 shares acquired, stock pre-market at EUR 33.36, plus 0.36 percent
Published on 10/09/2026 at 08:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Michelin disclosed the purchase of 202,417 shares for cancellation on October 8, 2026.
- The stock was at EUR 33.36 pre-market at Lang & Schwarz, up 0.36 percent.
- Michelin's next dated company checkpoint is October 20, 2026.
Michelin disclosed on October 8, 2026, that it had acquired 202,417 ordinary shares for cancellation at a weighted average price of EUR 32.33. The regulated disclosure was issued by Michelin and identifies the shares by ISIN FR001400AJ45. At 8:04 a.m. CEST on October 9, 2026, Michelin stock was at EUR 33.36 pre-market at Lang & Schwarz, up 0.36 percent versus the EUR 33.24 prior close dated October 8, 2026.
Pre-market trading
The Lang & Schwarz bid was EUR 33.27 and the ask was EUR 33.45. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Michelin stock.
What matters today
Michelin's next dated company checkpoint is October 20, 2026. A move to the round-number level of EUR 35.00 would represent a 4.92 percent increase from the pre-market price. JPMorgan's most recent dated target listed for Michelin was EUR 42.00 on October 8, 2026.
Share repurchase
The Michelin disclosure published through GlobeNewswire states that the transaction took place over the counter and that cancellation was the buyback objective. It lists the issuer as Compagnie Générale des Etablissements Michelin and the transaction date as October 8, 2026.
Market context: Market report CAC 40.
