MICHELIN - 2008 ANNUAL REPORT
MICHELIN - 2008 ANNUAL REPORT
MICHELIN - 2008 ANNUAL REPORT
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The Michelin Share<br />
Michelin Share Performance from 2004 to <strong>2008</strong><br />
(To December 31, <strong>2008</strong>; base 100: December 31, 2003)<br />
The Michelin Share is listed<br />
on Euronext Paris<br />
• Compartment A<br />
• Deferred Settlement Market<br />
• ISIN Code: FR 0000121261<br />
• Par value: 2 €<br />
• Transaction unit: 1<br />
Market Capitalization<br />
• EUR 5.45 bn as at December 31,<br />
<strong>2008</strong><br />
Average daily trading volume<br />
• 1,740,267 in <strong>2008</strong><br />
Indices<br />
• CAC 40: 0.79% of the index<br />
as at December 31, <strong>2008</strong><br />
• Euronext 100: 0.44% of the<br />
index as at December 31, <strong>2008</strong><br />
SRI indices<br />
• DJSI (Dow Jones Sustainability<br />
Index)<br />
DJSI Stoxx for Europe<br />
DJSI World<br />
• ESI (Ethibel Sustainability Index)<br />
• ASPI (Advanced Sustainability<br />
Performance Index)<br />
300<br />
250<br />
200<br />
150<br />
<strong>MICHELIN</strong><br />
CAC 40<br />
MONTHLY<br />
VOLUMES TRADED<br />
100<br />
50<br />
2004 2005 2006 2007 <strong>2008</strong><br />
A dynamic committee<br />
The Consultative Committee (CCA) contributes to enhancing<br />
communication between Michelin and its Individual Shareholders<br />
through its advice and recommendations. This is illustrated by<br />
the new design of the Letter to Michelin’s Shareholders and<br />
of the revamping of the corporate site’s Shareholder section,<br />
to make it easier to locate practical information.<br />
With one third of its members renewed yearly, the CCA is made up<br />
of 12 members, each with a three-year term. Four new members<br />
were welcomed in <strong>2008</strong>.<br />
60,000,000<br />
50,000,000<br />
40,000,000<br />
30,000,000<br />
20,000,000<br />
10,000,000<br />
0<br />
2004 2005 2006 2007 <strong>2008</strong><br />
38 <strong>2008</strong> Michelin Annual Report