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
Welcome to your BIB'Action section!
The subscription period for the 2024 plan has closed since September 26, 2024, at 11:59 PM CET.
However, this section remains open until December 2, 2024, to allow you to find all the essential information about our employee share ownership program.
Yves Chapot
General Manager and Chief Financial Officer
"The employee shareholder plan symbolizes employee confidence in the Michelin strategy and links them more directly to the Group's results. We would like to increase employee share capital ownership to around 4% by 2030, by making it easier for employees to access the shareholder plan, especially among production workers whose subscriber numbers increased sharply in 2022, to 47%. Annualizing the BIB’Action shareholder plan should allow everyone to purchase shares on preferential terms more often, or at opportune moments in life. Regular participation offers the chance to buy Michelin shares at a fixed subscription price for each plan, which may vary in cost depending on the plan. This will have the effect of smoothing out the risk associated with investing in stocks and shares."
In figures
2%
share of capital held by employee shareholders on 30/06/2024
69 100
number of Michelin employee shareholders on 30/06/2024
€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