Did you know ?
Every year from now on, Michelin Group employees can invest through the BIB'Action Employee Shareholder Plan. Here is an example of investment over the last 4 plans to give you a better understanding of each one’s performance.
| Portfolio valuation by plan |
BIB'Action 2018 |
| Reference price before discount (*) |
25,72 € |
| BIB’Action buy price(*) |
20,58 € |
| Subscribed shares |
20 |
| Shares received (inc. matching contribution from company) |
36 |
| Personal investment |
412 € |
| Total annual dividends received (gross amount) if no shares sold since (**) |
256 € |
| Portfolio valuation on 10/07/2025 at a price of €32,60 |
1 174 € |
| Portfolio valuation by plan |
BIB'Action 2020 |
| Reference price before discount (*) |
23,87 € |
| BIB’Action buy price(*) |
19,09 € |
| Subscribed shares |
20 |
| Shares received (inc. matching contribution from company) |
36 |
| Personal investment |
382 € |
| Total annual dividends received (gross amount) if no shares sold since (**) |
204 € |
| Portfolio valuation on 10/07/2025 at a price of €32,60 |
1 174 € |
| Portfolio valuation by plan |
BIB'Action 2022 |
| Reference price before discount (*) |
23,95 € |
| BIB’Action buy price(*) |
19,96 € |
| Subscribed shares |
20 |
| Shares received (inc. matching contribution from company) |
36 |
| Personal investment |
399 € |
| Total annual dividends received (gross amount) if no shares sold since (**) |
143 € |
| Portfolio valuation on 10/07/2025 at a price of €32,60 |
1 174 € |
| Portfolio valuation by plan |
BIB'Action 2024 |
| Reference price before discount (*) |
35,10 € |
| BIB’Action buy price(*) |
28,08 € |
| Subscribed shares |
20 |
| Shares received (inc. matching contribution from company) |
41 |
| Personal investment |
562 € |
| Total annual dividends received (gross amount) if no shares sold since (**) |
57 € |
| Portfolio valuation on 10/07/2025 at a price of €32,60 |
1 337 € |
| Portfolio valuation by plan |
Total for all plans |
| Reference price before discount (*) |
|
| BIB’Action buy price(*) |
|
| Subscribed shares |
80 |
| Shares received (inc. matching contribution from company) |
149 |
| Personal investment |
1 754 € |
| Total annual dividends received (gross amount) if no shares sold since (**) |
660 € |
| Portfolio valuation on 10/07/2025 at a price of €32,60 |
4 857 € |
| Portfolio valuation by plan |
BIB'Action 2018 |
BIB'Action 2020 |
BIB'Action 2022 |
BIB'Action 2024 |
Total for all plans |
| Reference price before discount (*) |
25,72 € |
23,87 € |
23,95 € |
35,10 € |
|
| BIB’Action buy price(*) |
20,58 € |
19,09 € |
19,96 € |
28,08 € |
|
| Subscribed shares |
20 |
20 |
20 |
20 |
80 |
| Shares received (inc. matching contribution from company) |
36 |
36 |
36 |
41 |
149 |
| Personal investment |
412 € |
382 € |
399 € |
562 € |
1 754 € |
| Total annual dividends received (gross amount) if no shares sold since (**) |
256 € |
204 € |
143 € |
57 € |
660 € |
| Portfolio valuation on 10/07/2025 at a price of €32,60 |
1 174 € |
1 174 € |
1 174 € |
1 337 € |
4 857 € |
(*) The 2018 and 2020 data have been adjusted to reflect the 4-for-1 stock split performed on 16 June 2022
(**) Including 2024 dividend
How to read this table (07/10/2025) ?
-
1st example: In 2018, if I bought 20 Michelin shares, the Company gave me 16 additional shares, so I received 36 shares. My personal investment was €412 in 2018. As of today, my 36 Michelin shares are worth €1,174, and I have received a total of €256 in dividends (including the 2025 dividend).
-
2nd example: In 2020, if I bought 20 Michelin shares, the Company gave me 16 additional shares, so I received 36 shares. My personal investment was €382 in 2020. As of today, my 36 Michelin shares are worth €1,174, and I have received a total of €204 in dividends (including the 2025 dividend).
-
3rd example: In 2022, if I bought 20 Michelin shares, the Company gave me 16 additional shares, so I received 36 shares. My personal investment was €399 in 2022. As of today, my 36 Michelin shares are worth €1,174, and I have received a total of €143 in dividends (including the 2025 dividend).
-
4th example: In 2024, if I bought 20 Michelin shares, the Company gave me 21 additional shares, so I received 41 shares. My personal investment was €562 in 2024. As of today, my 41 Michelin shares are worth €1,337, and I have received a total of €57 in dividends (including the 2025 dividend).
Finally, by subscribing to the Bib’Action plans of 2018, 2020, 2022, and 2024 (total personal investment of €1,754) and holding my shares until May 16, 2025, my stock portfolio is worth €4,857 (*) and I have received a total of €660 in dividends (**).
(*) Valuation based on a share price of €32.60 (07/10/25)
(**) Gross figures before tax and social charges.
WARNING:
Past performance is no guarantee of future performance.
