Nexans Initiates a Share Buyback Program
Nexans has announced the launch of a share buyback program, which will run from November 18, 2025, to February 28, 2026, covering a maximum of 128,000 shares.
Program Details
According to Nexans' announcement, the share buyback program has been established in accordance with the authorization provided by the 14th resolution of the General Meeting of Shareholders on May 15, 2025. It aims to fulfill obligations arising from free share and performance share plans for the benefit of employees and executive officers. The company has entrusted the execution of this program to an investment services provider.
Company Profile
Nexans is a global player specializing in the design and manufacturing of cable systems, with a focus on sustainable electrification. The company concentrates on sectors such as onshore and offshore renewable energies, as well as smart urban and residential infrastructures. Nexans combines its industrial expertise with innovations to support the energy transition, relying on its E3 model which incorporates environment, economy, and engagement.
Financial and Corporate Highlights
In 2024, Nexans achieved a turnover of 7.1 billion euros. The company, present in 41 countries with 28,500 employees, is listed on the Euronext Paris market, compartment A. Nexans is committed to achieving carbon neutrality by 2050, in alignment with the goals of the Science Based Targets initiative. The company also continues to promote improved access to energy through its Foundation.
