Michelin launches BIB'Action 2026 employee share plan with 30% discount at EUR 24.26 per share

Reuters2026/09/07 15:43

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Compagnie Générale des établissements Michelin SA launched its BIB’Action 2026 employee share plan for about 114,000 eligible staff in 44 countries.
Subscription price set at EUR 24.26 per share, reflecting a 30% discount to the reference price.
Subscription window runs Sept. 9-24; settlement expected Oct. 27.
Matching shares offered up to 55 subscribed shares; no matching above that threshold, with the discount maintained.
Individual subscriptions capped at 2,000 shares; total issuance capped at 6,800,000 shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compagnie Générale des établissements Michelin SA published the original content used to generate this news brief on September 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Michelin launches BIB'Action 2026 employee share plan with 30% discount at EUR 24.26 per share

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