Welcome to our dedicated page for Nexans news (Ticker: NEXNY), a resource for investors and traders seeking the latest updates and insights on Nexans stock.
Nexans UNSP/ADR (NEXNY) is tied to Nexans, a global cable systems and energy solutions group whose activities are closely linked to electrification and renewable energy infrastructure. The news flow around Nexans often highlights projects, partnerships and initiatives that illustrate how its cable technologies connect power generation, transmission and end‑use.
Company announcements feature contracts and project milestones in emerging and established energy segments. Examples include the PacWave South wave energy test facility in the United States, where Nexans is supplying medium‑voltage submarine and terrestrial cables, and the Empire Wind 1 offshore wind project off New York, where Nexans is responsible for export cables from the offshore substation to shore. Such news items show how the company’s products are used in offshore wind, wave energy and other grid‑connected renewable projects.
Other updates focus on innovation and collaboration. The Nexans Innovation Summit 2025 in Toronto, organized around the theme of “A New Era of Electrification,” brings together stakeholders from energy, sustainability and technology to discuss smart cities, grid modernization and sustainable growth. Related initiatives like the Nexans Innovation Challenge for university students and community partnerships with organizations such as Habitat for Humanity Canada are also covered in company communications.
On this NEXNY news page, readers can follow developments related to Nexans’ contracts, technology initiatives, climate and sustainability commitments, and events that shape its role in electrification. Regularly reviewing these updates can help investors and observers understand how Nexans positions itself in areas such as offshore wind, wave energy, grid expansion and broader energy transition themes.
Nexans (OTC:NEXNY) reported purchases of its own shares between July 30 and July 31, 2026 under its share buyback program described on April 2, 2026. The trades were executed on Euronext Paris (XPAR) by an investment firm acting under mandate.
According to Nexans, a total of 6,449 shares were repurchased over the two days, at daily weighted average purchase prices of €128.1507 on July 30 and €134.1566 on July 31, 2026. Detailed line-by-line transactions list Natixis as broker and reference “AMAR Art.5 §2c)” in the buyback purpose field.
Nexans (NEXNY) reported its share capital and voting rights as of July 31, 2026, in line with French commercial law and AMF regulations. The company had 43,746,793 shares, with an identical theoretical voting rights total and 43,738,474 exercisable voting rights, on Euronext Paris.
Nexans also reminded investors that any holder reaching or exceeding 2% of its share capital or voting rights must notify the company within 15 days, and again at each additional 2% multiple.
Nexans (NEXNY) has launched a share buyback program covering up to 176,005 shares, under the authorization granted by the 16th resolution of its May 21, 2026 Shareholders’ General Meeting. The program’s purpose is to meet obligations arising from free and performance share plans for employees and corporate officers.
Nexans has mandated an investment services provider to execute the buyback between July 30, 2026 and February 28, 2027. According to Nexans, the group operates in 41 countries with 25,700 employees and generated €6.1 billion in standard sales in 2025.
Nexans (OTC:NEXNY) reported H1 2026 standard sales of €3,248.6 million, up 5.0% year-on-year, with 1.5% organic growth and 3.8% from acquisitions. Electrification grew 4.5% organically. Group Adjusted EBITDA rose 4.3% to €387.7 million, yielding an 11.9% margin, while Electrification reached a 13.2% margin.
Net income from continuing operations was €122.8 million versus €143.3 million a year earlier, and total net income declined to €105.9 million, mainly reflecting discontinued operations. Free cash flow was €165.5 million and net debt increased to €1,038.2 million, with leverage at 1.4x. The Republic Wire acquisition expanded the U.S. footprint. Nexans raised 2026 guidance to Adjusted EBITDA of €770–840 million and free cash flow of €235–325 million, excluding future M&A and assuming no Great Sea Interconnector execution in 2026.
Nexans (NEXNY) has announced its Innovation Summit 2025, scheduled for October 9, 2025, in Toronto, Canada. The summit, themed "A New Era of Electrification," will focus on expanding grid capacity while reducing carbon emissions. The event is organized in partnership with Electro Federation Canada, France Canada Chamber of Commerce, and Habitat for Humanity Canada.
The summit will feature discussions on smart cities, grid modernization, and sustainability technologies. A notable highlight is the Nexans Innovation Challenge, which will engage university students in developing solutions for grid modernization and renewable energy. The event will conclude with a community initiative in partnership with Habitat for Humanity Canada.
Nexans has secured a contract for the PacWave South project, the first grid-connected wave energy test facility in the United States. Developed in partnership with the US Department of Energy, the State of Oregon, and Oregon State University, this project will utilize innovative renewable technologies. Nexans will provide 36kV submarine and terrestrial cables, totaling 80km, connecting four berths each capable of generating 5MW. The facility aims to enhance knowledge in renewable energy generation and is expected to be operational by 2024. This development aligns with Nexans' strategy to lead in sustainable electrification.
Nexans has secured a final order from the Equinor/bp joint venture for a turnkey contract to supply export cables for the Empire Wind 1 project, part of a larger offshore wind initiative off the coast of New York. The cables, manufactured in Charleston and Halden, will connect to South Brooklyn Marine Terminal, providing power to over 500,000 homes. This project aligns with New York's commitment to renewable energy and carbon reduction, enhancing Nexans' position in the U.S. renewable energy sector.