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
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.
Buy shares with ease
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:
Get the most out of your shares
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
Simplify Your Shareholder Experience: Update Your Info & Choose Electronic Documents
For smoother and more responsible management of your Michelin portfolio, consider updating your personal information and opting for electronic delivery of your documents including the e-notice of Annual General Meeting.
Are you a registered shareholder (nominatif pur)?
Log in to Sharinbox :
Verify and update your contact details (address, email, phone number, bank account) to ensure proper receipt of your dividends and account-related documents.
Choose to receive all your Michelin account documents (transaction notices, statements, AGM invitations…) digitally.
Are you an administered registered shareholder (nominatif administré)?
Contact your bank to:
Update your personal information.
Request electronic delivery of your documents and AGM invitation.
Why go digital?
Faster: receive your documents as soon as they’re published
More convenient: everything is centralized and accessible online
More sustainable: reduce paper usage
The Shareholder Relations Team is available to support you throughout these steps.
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.
- View document
2023 form for exemption from mandatory withholding as an income tax advance (in French)
pdf (243.9 KB) - View document
General terms of the agreement for registered securities accounts and order-taking contract (in French)
pdf (451.7 KB) - View document
Stock purchase order form (in French)
pdf (45.2 KB) - View document
SEPA direct debit mandate (in French)
pdf (62.2 KB) - View document
Transfer form (in French)
pdf (178.9 KB) - View document
2023 form for exemption from mandatory withholding as an income tax advance (in French)
pdf (171.5 KB)
Don't miss anything!
Agenda
- January 12, 2026
Pre-close call FY 2025 (for sell-side analysts)
- October 22, 2025
2025 3rd Quarter & 9 months Sales