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Compagnie Generale des Etablissements Michelin SCA (MICP.PA)

MICP.PA on Paris Stock Exchange

113.30EUR
11:35am EDT
Change (% chg)

€0.10 (+0.09%)
Prev Close
€113.20
Open
€112.70
Day's High
€113.90
Day's Low
€112.60
Volume
488,430
Avg. Vol
603,199
52-wk High
€118.60
52-wk Low
€82.68

Latest Key Developments (Source: Significant Developments)

GM Says It Intends To Develop An Airless Wheel Assembly With Michelin
Tuesday, 4 Jun 2019 12:27pm EDT 

June 4 (Reuters) - General Motors Co ::GM - LATER THIS YEAR, WILL INITIATE REAL-WORLD TESTING AND VALIDATION OF THE UPTIS PROTOTYPE ON A MICHIGAN TEST FLEET OF CHEVROLET BOLT EVS..GM - INTENDS TO DEVELOP AIRLESS WHEEL TECHNOLOGY, MICHELIN UPTIS PROTOTYPE, WITH MICHELIN & AIMS TO INTRODUCE IT ON PASSENGER VEHICLES AS EARLY AS 2024.  Full Article

Michelin confirms its growth above market in 2019,
Thursday, 4 Apr 2019 04:51am EDT 

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 02:00am EDT 

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 12:00pm EST 

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 04:15am EDT 

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 02:36am EDT 

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 07:00am EDT 

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 02:00am EDT 

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 09:15am EST 

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 05:54am EST 

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

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Breakingviews - Ghosn successors may further strain Nissan ties

LONDON (Reuters Breakingviews) - Carlos Ghosn is gone but the same cannot be said for tensions in the alliance between Nissan and Renault . More than two months after his arrest in Japan for alleged financial misconduct, Ghosn on Wednesday night resigned as Renault chief executive and chairman, French Finance Minister Bruno Le Maire said. Successors may feed Nissan’s paranoia about political meddling.