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Nexans (NEXNY) Stock News

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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.

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Nexans (NEXNY) reported its share capital and voting rights as of October 31, 2026, with 43,746,793 shares outstanding.

Total theoretical voting rights were 43,746,793, including treasury shares stripped of voting rights. Exercisable voting rights were 43,568,918, excluding treasury shares stripped of voting rights and excluding the liquidity contract.

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Nexans (NEXNY) has been selected by Red Eléctrica as preferred supplier for the Mallorca-Menorca 3 power interconnection project.

Execution of the agreement will initiate a six-month engineering phase covering subsea and land cable infrastructure for a new 132 kV link. The tender envisages a future engineering, procurement, construction and installation contract, with contract signature and project delivery starting in mid-2027. Nexans says the interconnection is designed to strengthen electricity supply security and resilience in the Balearic Islands and reduce Menorca's dependence on fossil-fuel electricity generation after delivery.

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Nexans (NEXNY) reported nine-month 2026 standard sales of €4,946.7 million, with growth accelerating in the third quarter. Nine-month sales rose 10.1% year on year, including 3.9% organic growth, which excludes acquisition and currency effects. Third-quarter organic growth reached 9.0%.

PWR-Grid and PWR-Connect posted nine-month organic growth of 8.1% and 8.3%, respectively. PWR-Transmission declined 1.4% organically; its adjusted backlog reached €7.8 billion at September 30. Nexans plans approximately €62 million of medium-voltage accessories capacity expansion in Europe and the U.S. It completed a €500 million, five-year bond issue at 4.25% to refinance the Republic Wire acquisition bridge loan.

Nexans confirmed its 2026 outlook for adjusted EBITDA of €770–840 million and free cash flow of €235–325 million. The outlook excludes execution of the Great Sea Interconnector project in 2026.

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Nexans (NEXNY) purchased 10,556 of its own shares from October 12 to 14, 2026, under its existing buyback program.

Purchases comprised 3,000 shares on October 12 at a daily weighted average price of €132.0176, 3,000 on October 13 at €131.6110, and 4,556 on October 14 at €130.9545. Natixis executed the transactions under a mandate. The purchases fell within the buyback program description published on April 2, 2026.

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Nexans (NEXNY) has appointed Stéphane Artaud as Chief Operating Officer and Executive Committee member, effective November 1, 2026. He succeeds Vijay Mahadevan, who will now focus on the Group’s Grid & Connect Europe activities.

Artaud’s mandate covers the transformation and performance improvement of Nexans’ industrial operations and supply chain worldwide, including continued modernization and optimization of its industrial footprint. He brings 30 years of international experience at Saint-Gobain, where he has served as Vice President of Sekurit OEM Europe since September 2022.

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Nexans (NEXNY) purchased 24,000 of its own shares under its existing buyback program from October 5 to 9, 2026.

Daily purchases totaled 3,000 shares on October 5 and October 6, followed by 6,000 shares on each of October 7, 8 and 9. The daily weighted average purchase prices were €134.0708, €133.4383, €129.0186, €126.3744 and €128.4096, respectively. The trades were executed by an investment firm under a mandate within the buyback program published on April 2, 2026. The reported trading market code was XPAR.

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Nexans (NEXNY) disclosed purchases of 15,000 own shares under its existing buyback program from September 28 to October 2, 2026.

Purchases totaled 3,000 shares each day. Daily weighted average purchase prices were €133.8779 on September 28, €134.0492 on September 29, €133.8887 on September 30, €132.6020 on October 1 and €136.1946 on October 2. The trades were executed by an investment firm under a mandate within the buyback program published on April 2, 2026.

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Nexans (NEXNY) reported a total of 43,746,793 shares in its share-capital and voting-rights statement for September 30, 2026. The company had 43,746,793 theoretical voting rights and 43,609,474 exercisable voting rights. The theoretical count includes treasury shares stripped of voting rights; the exercisable count excludes those treasury shares, excluding the liquidity contract.

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Nexans (NEXNY) bought 15,000 of its own shares from September 21 to September 25, 2026, under its buyback program.

It purchased 3,000 shares on each of the five days. The daily weighted average purchase prices were €139.7691 on September 21, €143.0059 on September 22, €142.1890 on September 23, €137.8898 on September 24 and €137.7847 on September 25. Natixis executed the trades under a mandate linked to the buyback program published on April 2, 2026.

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Nexans (NEXNY) reports purchases of its own shares executed between September 14 and September 18, 2026 under its previously published share buyback program.

Over this period, a total of 15,000 shares were acquired on the XPAR market. The daily weighted average purchase prices were €133.8008 on September 14, €132.4501 on September 15, €135.8092 on September 16, €137.5941 on September 17 and €138.4783 on September 18, 2026. The trades were carried out by an investment firm pursuant to a mandate and within the framework of the buyback program description published on April 2, 2026 on the company’s website.

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FAQ

What is the current stock price of Nexans (NEXNY)?

Nexans (NEXNY) last closed at $66.67.

What is the market cap of Nexans (NEXNY)?

The market cap of Nexans (NEXNY) is approximately $5.8B.