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Michelin to propose terms of share repurchase program


Sunday, 2 Mar 2014 07:00pm EST 

Compagnie Generale des Etablissements Michelin SCA:To propose terms of share repurchase program to annual general meeting on May 16.Program would authorize repurchase of up to 10 pct of share capital (18,578,960 shares).Maximum price per share 130 euros.Total maximum that could be spent 2,415,264,800.Authorization would be valid for 18 months. 

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