Nexans launches a share buyback program

Rhea-AI Summary

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.

Positive

• Share buyback up to 176,005 shares to cover employee and officer share plans
• Program execution period clearly defined from July 30, 2026 to February 28, 2027

Negative

• None.

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Nexans launches a share buyback program

Nexans, a global leader in the design and manufacturing of cable systems to power the world, announces the implementation of a share buyback program covering a maximum of 176,005 shares, in accordance with the authorization granted under the 16th resolution of the Shareholders’ General Meeting held on May 21, 2026, in order to meet the obligations arising from free and performance share plans benefiting employees and corporate officers.

Nexans has entrusted an investment services provider with the execution of this program for the period extending from July 30, 2026 to February 28, 2027.

  
About Nexans

Nexans is the global pure player in sustainable electrification, building the essential systems that power the world’s transition to a connected, resilient, and low-carbon future. From offshore and onshore renewable energies to smart cities and homes, Nexans designs and delivers advanced cable solutions, accessories and services that electrify progress safely, efficiently, and sustainably.
With over 140 years of history, through three core businesses: PWR Transmission, PWR Grid, and PWR Connect, Nexans blends deep industry expertise with cutting-edge innovation to accelerate the energy transition, and better meet its customers' needs. Its unique E3 model, focused on Environment, Economy and Engagement, drives every action, aligning performance with purpose.
Nexans operates in 41 countries with 25,700 people and generated €6.1 billion in standard sales in 2025. Nexans is committed to Net-Zero emissions by 2050 aligned with the Science Based Targets initiative (SBTi) and expanding energy access through the Fondation Nexans.

Nexans is listed on Euronext Paris, Compartment A.
www.nexans.com | #ElectrifyTheFuture

Contacts:

Investor relations

Audrey Bourgeois
Tel.: +33 (0)1 78 15 00 43
audrey.bourgeois@nexans.com

Communication

Mael Evin (Havas Paris)
Tel.: +33 (0)6 44 12 14 91
nexans_h@havas.com

Maellys Leostic
maellys.leostic@nexans.com

Olivier Daban
olivier.daban@nexans.com
       

Attachment

• 2026.07.30_Press release_EN_sharebuyback

FAQ

What is the size and purpose of the Nexans (NEXNY) 2026 share buyback program?

Nexans plans to repurchase up to 176,005 shares to meet obligations from free and performance share plans. According to Nexans, the buyback supports share-based compensation for employees and corporate officers rather than serving as a general capital return program to shareholders.

What is the timeline for Nexans (NEXNY) 2026 share buyback program?

The Nexans share buyback will run from July 30, 2026 to February 28, 2027. According to Nexans, an investment services provider has been appointed to execute the program during this period, in line with the shareholder authorization granted in May 2026.

Why is Nexans (NEXNY) buying back up to 176,005 shares in 2026?

Nexans is buying back shares primarily to cover free and performance share plans for employees and corporate officers. According to Nexans, the program is designed to fulfill existing share-based obligations authorized by shareholders, rather than to directly change the company’s overall capital structure.

How was the Nexans (NEXNY) 2026 share buyback program authorized?

The buyback program is based on the 16th resolution approved at the Shareholders’ General Meeting on May 21, 2026. According to Nexans, this authorization allows repurchases up to 176,005 shares specifically to meet obligations linked to free and performance share plans.

Who will execute the Nexans (NEXNY) share buyback between July 2026 and February 2027?

Nexans has mandated an investment services provider to execute the share repurchases during the program period. According to Nexans, this third-party mandate covers all buybacks from July 30, 2026, through February 28, 2027, under the shareholder-approved authorization.

Does the Nexans (NEXNY) 2026 share buyback focus on employees and corporate officers?

Yes, the program aims to satisfy obligations from free and performance share plans benefiting employees and corporate officers. According to Nexans, the repurchased shares will be used to deliver on these existing equity-based compensation commitments authorized by shareholders in May 2026.