Investor relations Share information 06 6.2.2 DETAILED SHARE DATA According to statistical data collected by Euronext Paris. Share price (in €) 2024 2023 2022 2021(1) (restated) 2021 (reported) 2020 Session high 38.52 32.65 38.93 36.50 146.00 112.80 Session low 30.06 25.60 21.99 25.83 103.30 68.00 High/low ratio 1.28 1.28 1.77 1.41 1.41 1.66 Closing price, end of period 31.80 32.46 25.99 36.04 144.15 104.95 Average closing price over the period 34.26 28.87 28.53 32.44 129.75 95.49 Change in the Michelin share price over the period -2.03% 24.92% -27.89% 37.35% 37.35% -3.80% Change in the CAC 40 index over the period -2.15% 16.52% -9.50% 28.85% 28.85% -7.14% Change in the Stoxx Europe 600 index over the period 5.98% 12.73% -12.90% 22.25% 22.25% -4.04% Average daily Stoxx Europe 600 share price 507.51 457.04 434.40 449.58 449.58 369.26 Market capitalization (at periodend, in € billions) 22.44 23.21 18.56 25.74 25.74 18.72 Average daily trading volume over the period(2) 1,408,288 1,419,300 1,844,574 1,743,820 435,955 548,883 Average shares outstanding 712,283,891 714,258,055 713,400,033 713,512,772 178,378,193 178,497,159 Volume of shares traded over the period 360,521,846 366,179,447 475,900,118 449,905,428 112,476,357 141,062,953 (1) Only the 2021 share data have been restated (“2021 restated”) to reflect the four-for-one stock split on June 16, 2022. (2) Volumes traded on the Euronext platform. 6.2.3 PER-SHARE DATA (in € per share, except ratios) 2024 2023 2022 2021 (restated) 2021 (reported) 2020 Net asset value per share 26.4 25.1 24.0 20.9 83.9 70.8 Basic earnings per share 2.65 2.77 2.81 2.58 10.31 3.52 Diluted earnings per share(1) 2.62 2.75 2.79 2.56 10.24 3.51 PRICE EARNINGS RATIO 12.0 11.7 9.3 14.0 14.0 29.8 Dividend per share(2) 1.38 1.35 1.25 1.125 4.50 2.30 Payout ratio 52% 49% 44% 44% 44% 65% Yield(3) 4.3% 4.2% 4.8% 3.1% 3.1% 2.2% (1) Earnings per share adjusted for the impact of the exercise of outstanding dilutive instruments on net income and average shares outstanding. (2) 2024 dividend subject to approval by the Annual Shareholders Meeting on May 16, 2025. Only the 2021 share data have been restated (“2021 restated”) to reflect the four-for-one stock split on June 16, 2022. Prior-year figures correspond to the reported dividend. (3) Dividend divided by the December 31 share price. 470 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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