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How can I become a Michelin shareholder?

More than 240,000 shareholders are already part of the Michelin adventure. To join them, all you have to do is buy at least one share and opt for one of the two ownership types on offer. Find out more about each ownership type so that you can make a confident choice. 

Become a shareholder in 3 easy steps!

Choose an ownership type 

 
All Michelin shareholders own registered shares, which can be purchased as: 
 
• Directly registered shares (nominatif pur): the shares are held and managed by Michelin’s custodian bank, Société Générale Securities Services, which handles sales, purchases, dividends, etc.  
 
• Indirectly registered shares (nominatif administré): the shares are held by your financial institution, which also manages them. 
 
In both cases, you will be registered in Michelin’s shareholder register and will receive an individual invitation to the Annual Shareholders Meeting. 
 
 

Buy shares with ease 

If you opt for indirectly registered shares, contact your financial institution directly, quoting the ISIN code: FR001400AJ45. 
 
To purchase directly registered shares, contact Société Générale Securities Services, quoting the ISIN code: FR001400AJ45. 
 
• By telephone at this toll-free number, Monday to Friday, 8:30 a.m. to 6 p.m. Paris time: +33 (0)2 51 85 67 89 (billing according to operator contract and country of call) 
 
• By mail to:  
Société Générale Securities Services SGSS/SBO/CIS/ISS 
32, rue du Champ de Tir – CS30812 
44308 Nantes Cedex 3 
France 
 
 

Get the most out of your shares 

By becoming a shareholder, you will receive an annual dividend payment if the company offers one. You can also subscribe to receive all the Group’s financial news. 

Shares are managed differently depending on how they are held. Here’s what you need to know to make the right choice for you:

• Management fees: With directly registered shares, custodial and management fees are free of charge and brokerage fees represent 0.30% (excl. VAT) of the gross transaction amount, with a minimum of €6 (excl. VAT). 
For indirectly registered shares, management fees depend on your financial institution. Contact them for more information. 

• Voting rights: identical for both ownership types. A double voting right is allocated to all shares held continuously for at least four years. 

• Invitation to the Annual Shareholders Meeting: identical for both types of share ownership. The invitation is automatic, sent by mail or digitally, depending on your preference. 

• Group news updates: for both ownership types, you need to make a request to receive Group news, in accordance with the General Data Protection Regulation (GDPR). 

• PEA stock savings plan (plan d’épargne en actions): indirectly registered shares can be combined with a PEA, but directly registered shares cannot. 

• Online portfolio management: your portfolio can be managed via your financial institution’s website or app in the case of indirectly registered shares, and via Société Générale’s Sharinbox website in the case of directly registered shares. Sharinbox gives you access to a variety of information and services such as transaction history, portfolio valuation, a single tax return form and online stock market order taking. 

• Transfer: you can transfer your shares from indirectly registered form to directly registered form at any time. To do this, contact your bank and send them the form available for download in the following section. 

• Single tax return form – Déclaration récapitulative n°2561TER  
Depending on your situation, you can download this document directly from your Sharinbox account, under “My documents”, or request it from your financial institution. 

Useful documents for directly registered shareholders

In this section, you will find the forms you need if you are a directly registered shareholder or would like to become one.

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