To become a Michelin shareholder, all you need to do is hold one share. All Michelin shares are registered shares.

Michelin offers two types of share ownership: pure registered shares and administered registered shares.


How do I buy Michelin shares and what are the advantages of one type of ownership over another and what are the fees applied ? How can I receive information from the company, including notices of the Annual Shareholders' Meeting ?


 Find in this table the answers to your questions.


Tab mode de détention page 1 EN
Tab mode de détention page 2 EN

To transfer your securities from administered registered shares to pure registered shares, simply contact your banking establishment.

Identification of securities holders stepped up.

Regulations on the identification of securities holders for registered shares have been strengthened. Société Générale Securities Services (SGSS) must check the identity of anybody listed in its database by collecting, for each registered account:

  • 2 proofs of identity, one of which must include photo ID.
  • Bank details that must be in the last name and first name(s) of the account holder.


As of end June 2021, SGSS will gradually phase out the issue of payments to benefit shareholders with registered shares, and the acceptance of certain instructions such as the purchase of shares if the aforementioned documents are not provided.  For further information, visit or contact Nomilia Customer Services on +33 (0) 2 51 85 67 89 Monday to Friday, from 9:30 a.m. to 6 p.m. (GMT +1).


Amendment to the rule for entering brns in the register of shareholders

Article 322-55 of the AMF General Regulation has been amended as follows :

“The date of the movements recorded by the issuing entity is the date specified by the central securities depositary referenced in the first paragraph, on which it records the statement.”

As of 1 January 2022, the date of the movements recorded by the issuing entity is the settlement date of the financial security being executed in accordance with the order referenced in the first paragraph. This provision may be applied in advance by any issuing entity that irrevocably chooses to do so before 1 January 2022. This choice takes the form of a statement published in accordance with Article 221-3.”

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Why invest in Michelin?
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