ENXTPA:MLAuto Components
Michelin Buyback Plan Links Shareholder Returns With CO2 Cuts And Valuation
Michelin announced a share buyback program of up to €2b over the next three years.
The company reported progress in operational performance, including robust free cash flow and a strengthened financial position.
Michelin highlighted a substantial reduction in CO2 emissions since 2019 as part of its sustainability roadmap.
For investors tracking ENXTPA:ML, the new buyback plan comes with the stock trading at €34.48 and showing gains of 4.5% over the past week and 14.7% over the past month...