Nexans reports 10,556-share buyback: Nexans stock falls 7.34 percent

Published on 10/20/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due October 22, 2026. Nexans stock costs EUR 117.40 on October 20, 2026, 7.34 percent below the Xetra close.

Buyback and results ahead

Nexans repurchased 10,556 shares between October 12 and October 14, 2026.
Adjusted EBITDA guidance stood at EUR 805 million for fiscal year 2026 on July 29, 2026.
Nexans stock trades at EUR 117.40 at 1:31 p.m. CEST at Lang & Schwarz on October 20, 2026, 7.34 percent below the Xetra close of October 16, 2026.

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Nexans (ISIN FR0000044448) repurchased 10,556 shares between October 12 and October 14, 2026, according to GlobeNewswire. At 1:31 p.m. CEST on October 20, 2026, Nexans stock was trading at EUR 117.40 at Lang & Schwarz, 7.34 percent below the Xetra close of October 16, 2026 at EUR 126.70.

Buyback adds a capital signal

The disclosure covered 3,000 shares purchased on October 12 at EUR 132.02, 3,000 on October 13 at EUR 131.61 and 4,556 on October 14 at EUR 130.95. Natixis executed the transactions under Nexans' existing buyback framework, while the company said the purchases were tied to treasury-share obligations.

The chronology began on July 29, 2026, when Nexans raised its fiscal-year 2026 adjusted EBITDA guidance to EUR 805 million. On October 14, 2026, the company said Stéphane Artaud would join its Executive Committee as chief operating officer from November 1, 2026, according to GlobeNewswire. The latest event was the October 19, 2026 buyback disclosure.

What will October 22 test?

Nexans is scheduled to publish third-quarter 2026 results on October 22, 2026, according to Ideal Investor. The test is whether the first-half operating profile can support the EUR 805 million target after PWR-Connect margin fell to 11.80 percent from 13.60 percent in the second quarter.

First-half figures set the benchmark

For the first half of 2026, revenue reached EUR 4.74 billion, up 19.10 percent, while EBITDA was EUR 379.00 million and EBITDA margin was 11.90 percent, the same report said. Net income was EUR 103.00 million, giving the October 22 update a clear earnings and margin benchmark.

Stock trades below the Xetra close

The current euro quote places Nexans 7.34 percent below the Xetra close of October 16, 2026. The company is listed on Euronext Paris and belongs to the SBF 120 index, according to Nexans. Nexans was trading at EUR 117.40 at Lang & Schwarz on October 20, 2026 at 1:31 p.m. CEST, versus the Xetra close of October 16, 2026 at EUR 126.70. The further course of trading is shown by the continuously updated real-time quote of Nexans stock.