Michelin: Capital Reduction - Cancellation of 1,097,540 treasury shares
20 Outubro 2020 - 12:45PM
Michelin: Capital Reduction - Cancellation of 1,097,540 treasury
shares
PRESS
RELEASEClermont-Ferrand – October 20, 2020
COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS
MICHELIN
CAPITAL
REDUCTION
Cancellation of
1,097,540 treasury shares
Pursuant to the decision of the Managing Chairman on October 13,
2020 and the fifth and the twenty-fourth resolutions of the June
23, 2020 Shareholders Meeting and the fifth and fourteenth
resolutions of
the May 17,
2019 Shareholders Meeting, Compagnie Générale des Etablissements
Michelin has decided to cancel 1,097,540 treasury shares,
representing 0.61% of the total shares outstanding. The effective
date of the resulting capital reduction is October 20, 2020 as
indicated in the Euronext notice dated October 16, 2020.
Following the capital reduction, the Company’s
issued share capital will consist of 177,543,801 shares.
About Michelin:
Michelin, the leading mobility company, is
dedicated to enhancing its clients’ mobility, sustainably;
designing and distributing the most suitable tires, services and
solutions for its clients’ needs; providing digital services, maps
and guides to help enrich trips and travels and make them unique
experiences; and developing high-technology materials that serve a
variety of industries. Headquartered in Clermont-Ferrand, France,
Michelin is present in 170 countries, has more than 127,000
employees and operates 69 tire production facilities which together
produced around 200 million tires in 2019. (www.michelin.com).
|
Investor Relations Édouard de
Peufeilhoux+33 (0) 6 89 71 93 73
(mobile)edouard.de-peufeilhoux@michelin.com Humbert de
Feydeau+33 (0) 4 73 32 68 39+33 (0) 6 82 22 39 78
(mobile)humbert.de-feydeau@michelin.com Pierre Hassaïri+33
(0) 6 84 32 90 81 (mobile)pierre.hassairi@michelin.com |
Individual Shareholders Relations
Isabelle
Maizaud-Aucouturierisabelle.maizaud-aucouturier@michelin.com+33 (0)
4 73 32 23 05 Clémence
Rodriguezclemence.daturi-rodriguez@michelin.com+33 (0) 4 73 32 15
11 Media Relations Service de
Presse+33 (0) 1 45 66 22
22groupe-michelin.service.de.presse@relationpresse.michelin.com |
DISCLAIMER
This press release is not an offer to
purchase or a solicitation to recommend the purchase of Michelin
shares. To obtain more detailed information on Michelin, please
consult the documents filed in France with Autorité des marchés
financiers, which are also available from the Michelin
website www.michelin.com/en/. This press release
may contain a number of forward-looking statements. Although the
Company believes that these statements are based on reasonable
assumptions at the time of publishing this document, they are by
nature subject to risks and contingencies liable to translate into
a difference between actual data and the forecasts made or inferred
by these statements.
- 20201020_PR_Michelin_Capital Reduction
Michelin (EU:ML)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Michelin (EU:ML)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024
