Welcome to your Michelin Employee Shareholder website
By becoming shareholders, employees acquire a unique status. They are both contributors to and beneficiaries of the value created by the Company. For more than 20 years, the Group has offered its employees the opportunity to become shareholders by giving them the chance, for a limited period, to purchase shares on preferential terms. In 2022, the Group decided to offer a BIB’Action Employee Shareholder Plan on an annual basis.
You can find all the information about employee shareholders here.
BIB'Action 2024
BIB'Action 2024 in Numbers
The results of the 2024 edition of BIB'Action demonstrate the growing engagement of employees and the attractiveness of the plan.
Notably, the subscription rate stands at 56.54%, with an increase of +4 points compared to 2022.
The average basket contains 64 shares, and this year, we count 11,000 new shareholders
A participation in 46 countries.
These figures illustrate the positive dynamics of BIB'Action and highlight the employees' interest in this initiative.
Yves Chapot
General Manager and Chief Financial Officer
"Employee share ownership demonstrates our employees' confidence in Michelin's strategy and associates them more directly with the Group's results. We aim to increase employee capital ownership to around 4% by 2030, by facilitating access to share ownership for all employees.
The annual BIB'Action plans offer our employees an advantageous savings and investment method, and the 2024 plan was a great success with a subscription rate of over 56%."
In figures
2.6 %
share of capital held by employee shareholders on 30/11/2024
80 900
number of Michelin employee shareholders on 30/11/2024
€1.35
dividend per share, voted at the General Meeting of May 17, 2024, for the fiscal year 2023.
Come and join us!
You’d like to join the employees who’ve already signed up to the Michelin shareholder plan but don’t know anything about the conditions and eligibility rules? This section is designed to help you.
Any questions?
Find all the answers about the Michelin employee shareholder plan