Edition:
United Kingdom

Compagnie Generale des Etablissements Michelin SCA (MICP.PA)

MICP.PA on Paris Stock Exchange

117.45EUR
18 Apr 2019
Change (% chg)

€-0.55 (-0.47%)
Prev Close
€118.00
Open
€116.50
Day's High
€118.00
Day's Low
€115.25
Volume
759,512
Avg. Vol
620,733
52-wk High
€121.95
52-wk Low
€82.68

Latest Key Developments (Source: Significant Developments)

Michelin confirms its growth above market in 2019,
Thursday, 4 Apr 2019 

April 4 (Reuters) - Michelin slides on website for investor presentation in Almeria::INVESTOR PRESENTATION: MICHELIN CONFIRMS ITS GROWTH ABOVE MARKET IN 2019, WITH A Q1 SLIGHTLY DENTED BY LOGISTICS ISSUES.INVESTOR PRESENTATION: NTEGRATION WITH FENNER GOING VERY WELL WITH RESULTS BETTER THAN ANTICIPATED.  Full Article

Michelin holds investor day in Spain, will highlight its areas of growth
Thursday, 4 Apr 2019 

April 4 (Reuters) - Michelin ::* Michelin holds investor day at Spanish Test Center in Almeria.* Four domains of growth to achieve its 2020 targets .* Full investor day presentations due out later .  Full Article

Michelin Recalls Small Quantity Of Passenger Tires Sold In Canada
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Michelin North America (Canada)::MICHELIN RECALLS SMALL QUANTITY OF PASSENGER TIRES SOLD IN CANADA.MICHELIN NORTH AMERICA (CANADA) SAYS ANNOUNCED VOLUNTARY RECALL OF 377 MICHELIN CROSSCLIMATE SUV TIRES SOLD IN CANADA BEGINNING ON SEPT. 25.MICHELIN NORTH AMERICA (CANADA) - NO ACCIDENTS OR INJURIES HAVE BEEN REPORTED TO CO AS A CONSEQUENCE OF NON-COMPLIANT MARKINGS ON TIRES.  Full Article

Michelin Contemplates A Euro Three-Tranches Bond Offering
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Compagnie Generale des Etablissements Michelin SCA ::REG-MICHELIN : MICHELIN CONTEMPLATES A EURO THREE-TRANCHES BOND OFFERING.INTENTION OF LAUNCHING A EURO THREE-TRANCHE BOND OFFERING, WITH 7-YEAR, 12-YEAR AND 20-YEAR MATURITIES RESPECTIVELY..NET PROCEEDS FROM ISSUANCE OF BONDS WILL BE USED FOR GENERAL CORPORATE PURPOSES..  Full Article

Michelin in talks over buying Quebec-based company Camso
Thursday, 12 Jul 2018 

PARIS, July 12 (Reuters) - Michelin ::* In talks over buying Quebec-based firm Camso.  Full Article

Fenner Updates On Court Sanction Of Scheme Of Arrangement
Friday, 25 May 2018 

May 25 (Reuters) - Fenner Plc ::COURT SANCTION OF SCHEME OF ARRANGEMENT.UPDATES ON RECOMMENDED CASH ACQUISITION OF FENNER PLC BY COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN SCA.  Full Article

Fenner Says Acquisition By Michelin Expected To Take Effect On 31 May 2018
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Fenner Plc ::H1 PRETAX PROFIT 28.5 MILLION STG VERSUS 13.8 MILLION STG YEAR AGO.H1 REVENUE ROSE 15 PERCENT TO 354.1 MILLION STG.INTERIM DIVIDEND 2.1 PENCEPER SHARE.ACQUISITION OF FENNER PLC BY MICHELIN IS EXPECTED TO TAKE EFFECT ON 31 MAY 2018.  Full Article

Michelin Completes USD 600 Mln Non-Dilutive Convertible 2023 Bonds Issue
Friday, 5 Jan 2018 

Jan 5 (Reuters) - MICHELIN ::‍MICHELIN SUCCESSFULLY PLACES USD 600 MILLION NON-DILUTIVE CASH-SETTLED CONVERTIBLE BONDS DUE 2023​.REG-MICHELIN : SUCCESSFUL NON-DILUTIVE CONVERTIBLE 2023 BONDS ISSUE OF MICHELIN.USD-DENOMINATED DEBT WAS IMMEDIATELY CONVERTED INTO EUROS.‍BONDS WILL BE ISSUED AT AN ISSUE PRICE OF 95.50% OF THEIR NOMINAL VALUE ON JAN 10, EXPECTED SETTLEMENT DATE​.‍BONDS WILL HAVE A NOMINAL VALUE OF USD 200,000 PER BOND​.BONDS WILL NOT BEAR INTEREST AND WILL BE REDEEMED AT PAR ON NOVEMBER 10, 2023.‍BONDS HAVE BEEN OFFERED VIA AN ACCELERATED BOOKBUILDING PROCESS.CONSIDERING OFFERING, CO AGREED TO A LOCK-UP UNDERTAKING IN RELATION TO ITS SHARES AND EQUITY-LINKED SECURITIES.LOCK-UP FOR A PERIOD ENDING 60 CALENDAR DAYS AFTER SETTLEMENT AND DELIVERY DATE.  Full Article

Michelin's Non-Dilutive Convertible Bonds Offering Will Price At 95.5% - Bookrunner
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Michelin's Bookrunner::SAYS NON-DILUTIVE CONVERTIBLE BONDS OFFERING DEAL WILL PRICE AT 95.5% ON EXTENDED SIZE $600 MILLION; BOOKS CLOSE AT 11AM UK TIME.  Full Article

Michelin's Bond Offering Books Are Covered On Full Deal Size Of $600 Mln - Bookrunner
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Michelin's bookrunner ::SAYS NON-DILUTIVE CONVERTIBLE BOND OFFERING BOOKS ARE COVERED ON FULL DEAL SIZE OF $600 MILLION.  Full Article

Michelin eyeing growth for key businesses in a market that remains tough

PARIS, April 4 French tires company Michelin pledged growth in several of its key business areas in order to counter challenges from a tough market environment.