France: Michelin issues 3.1 million new shares

Michelin has announced that between 20 May and 7 June 2011, more than 78% of its shareholders exercised their option to reinvest their dividend in new shares. The dividend reinvestment plan resulted in the creation of 3.1 million new shares (representing 1.7% of the supplier's capital), which were delivered on Subscribe to Automotive World to … Continued

• By Webmaster
• June 21, 2011