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Compagnie Générale des Établissements Michelin Société en commandite par actions, commonly known as Michelin, operates globally, specializing in the production and distribution of tires. Its extensive tire portfolio caters to a broad spectrum of vehicles, encompassing both personal use (e.g., cars, racing vehicles, bicycles, motorcycles, scooters, and mopeds) and commercial applications, including freight, public transport, agricultural machinery, construction and industrial equipment, mining operations, corporate fleets, small businesses, civil and military deployments, light rail systems…
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Q3 2026 Sales/Trading Call Transcript
The stock fell after the tire maker's volumes were weighed by lower sales of tires directly to automakers, however replacement tires proved more resilient.
Michelin (OTCMKTS:MGDDY - Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 258,821 shares, a growth of 398.6% from the September 15th total of 51,911 shares. Based on an average daily trading volume, of 414,846 shares, the
Compagnie Générale des Établissements Michelin (hereinafter the “Company”) today announced the launch of its new employee share ownership plan, open to around 114 000 eligible active employees in 44 countries1. Since 2002, the Company has regularly offered employee share ownership plans and continues to do so each year, enabling employees to become shareholders of the Group.
Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Q2 2026 Earnings Call Transcript