Capital rights structure
Find out how the Michelin Group's capital is distributed and how it is changing, as well as the composition of voting rights.
CAPITAL RIGHTS STRUCTURE
Last Updated: 31 Dec 2023VOTING RIGHTS STRUCTURE
Last Updated: 31 Dec 2023CHANGES IN SHARE CAPITAL
| Description | Number of shares | Par value €0,5 per share (in €) |
|---|---|---|
| Capital at December 31, 2023 | 714,958,226 | 357,479,113 |
| Capital increase resulting from the allocation of performance shares | 840,108 | 420,054 |
| Capital at June 30, 2023 | 714,118,118 | 357,059,059 |
| Capital increase resulting from the allocation of performance shares | 704 | 352 |
| Capital at December 31, 2022 | 714,117,414 | 357,058,707 |
| Capital increase reserved for Michelin Group employees | 3.872.090 | 1,936,045 |
| Capital increase resulting from the allocation of performance shares | 450,012 | 225,006 |
| Cancellation of shares | -4,326,536 | -2.163,268 |
| Capital at June 30, 2022 (After the split of stocks) | 714,121,848 | 357,060,924 |
| Capital increase resulting from the allocation of performance shares | 48 | 24 |
| Division by 4 of the nominal value | 714,121,800 | 357,060,900 |
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