English Français Annual report The Michelin share Michelin at a glance A global footprint Michelin heritage Trends & Challenges Michelin in motion Our business model Our businesses Expanding with tires Expanding around tires Expanding beyond tires Our transformation drivers Our governance Our organization Ethics, Integrity and Compliance Risk management Performance & ambitions Ratings People Planet Profit The Michelin share Download document The Michelin share Traded on the Euronext Paris stock exchange. Traded on the Euronext Paris stock exchange Compartment A Eligible for the SRD deferred settlement system ISIN: FR 0000121261 Par value: €2 Traded in units of: 1 Market capitalization 25.7 MDS€ at December 31, 2021 Average daily trading volume 435,955 shares in 2021 Stock index weighting CAC 40 1.48 % of the index at December 31, 2021 Euronext 100 0.67 % of the index at December 31, 2021 SRI indices - FTSE4Good - Euronext Vigeo Eiris France 20, Europe 120, Eurozone 120, World 120 Dividends From 2021, Michelin is committed to paying out around 50% of consolidated net income before non-recurring items. 4.50 € in 2021* 2.30 € in 2020 2.00 € in 2019 *Subject to approval by the Annual Meeting of May 13, 2022.  Ownership structure Michelin has more than 205,000 shareholders, including over 200,000 private investors and employees. Seven worldwide employee share issues have been carried out since 2002. Shares held in the same name for at least four years carry double voting rights. Ownership structure and voting rights at December 31, 2021 27.3 11.5 59.2 65.5 23.6 2.0 1.7 9.2 Share capital VOTING RIGHTS STRUCTURE French institutional investors Non-resident institutional investors Individual shareholders Employee shareholder plan See also Ratings People Planet Profit