Core Viewpoint - Nexans has announced a share buyback program, detailing the purchase of its own shares from January 12, 2026, to January 16, 2026, as part of its ongoing strategy to manage capital and enhance shareholder value [1]. Group 1: Share Buyback Details - The total number of shares purchased during the buyback period is 8,525 shares [2]. - The average purchase price per share varied over the buyback period, with prices ranging from €121.600 to €125.698944 [2][3][4]. - The buyback transactions were executed by Kepler Cheuvreux, an investment firm, under a mandate [1]. Group 2: Transaction Breakdown - On January 12, 2026, Nexans purchased 1,705 shares at an average price of €123.041232 [2]. - On January 13, 2026, the company bought another 1,705 shares at an average price of €123.731320 [2]. - The highest purchase price recorded during this period was €125.698944 on January 16, 2026, for 1,705 shares [2].

Core Insights - Nexans announces a new organizational structure effective January 15, 2026, aimed at enhancing growth and competitiveness in the electrification market [1][7] - The new Executive Committee consists of 13 members focused on maximizing commercial strength, operational efficiency, and expansion through mergers and acquisitions [2] Executive Committee Composition - Julien Hueber serves as Chief Executive Officer [3] - Key Group Functions include: - Vincent Piquet, Chief Financial Officer - Nino Cusimano, Chief Legal Officer & Corporate Development Officer - Guillaume Eymery, Chief Strategy & Purchasing Officer - Séverine Grosjean, Chief Human Resources and ESG Officer [4] - Regional leadership includes: - Vijay Mahadevan, Executive Managing Director Europe - Luis Ernesto Silva, Managing Director South America - Atilla Kurtis, Managing Director Middle East and Africa - Tim King, Managing Director North America - Vincent Dessale, Managing Director APAC [5] - Business & Operations Functions include: - Pascal Radue, Senior Executive Vice President PWR-Transmission - Vincent Dessale, Chief Executive Markets & Commercial Officer - Elena Fedotova, Chief Business Development Officer Data center & Grid & Connect large projects - Vijay Mahadevan (acting), Chief Operations Officer [6] Company Overview - Nexans is positioned as a global leader in sustainable electrification, focusing on systems that support the transition to a low-carbon future [7][8] - The company operates in 41 countries with a workforce of 28,500 and generated €7.1 billion in standard sales in 2024 [9] - Nexans is committed to achieving Net-Zero emissions by 2050 and is recognized for its climate action initiatives [9]

Group 1 - Nexans has announced a share buyback program, detailing purchases of its own shares from January 5, 2026, to January 9, 2026 [1] - The total volume of shares purchased during this period is 8,525 shares [2] - The average purchase prices for the shares varied, with the highest being €131.500000 and the lowest at €125.086921 [2][3] Group 2 - The trades were executed by an investment firm under a mandate, in accordance with the buyback program published on March 27, 2025 [1] - The transactions were conducted on the XPAR market, indicating active trading in Nexans shares [2][3] - Specific daily transactions included purchases of 1,705 shares each day, with varying average prices reflecting market fluctuations [2][3]

Core Insights - Nexans is executing the Great Sea Interconnector (GSI) project in accordance with its contractual obligations and established milestones since 2023 [1] - A rescheduling of activities is ongoing with the customer, which will affect the project delivery date but not Nexans' 2028 financial guidance due to a large backlog and proactive measures [2] - Nexans remains committed to the GSI project and is confident in the long-term growth prospects of its PWR-Transmission business, supported by structural trends and a robust order backlog [3] Company Overview - Nexans is a global leader in sustainable electrification, providing advanced cable solutions and services for the transition to a low-carbon future [5] - The company has over 140 years of history and operates through three core businesses: PWR Transmission, PWR Grid, and PWR Connect, focusing on innovation and energy transition [6] - Nexans operates in 41 countries with a workforce of 28,500 and generated €7.1 billion in standard sales in 2024, with a commitment to Net-Zero emissions by 2050 [7]

Group 1 - Nexans has a liquidity contract with NATIXIS ODDO BHF, with assets reported as of December 31, 2025 [1] - The liquidity contract is in accordance with AMF decision no. 2018-01 and decision no. 2021-01 [1] - The company reported 27,951 shares and EUR 6,018,379.66 in cash as part of its liquidity account [4] Group 2 - Nexans generated €7.1 billion in standard sales in 2024 [2] - The company employs approximately 28,500 people across 41 countries [2] - Nexans is committed to achieving Net-Zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi) [2]

Core Viewpoint - Nexans has announced a share buyback program, detailing the purchase of its own shares from December 29, 2025, to January 2, 2026, as part of its ongoing strategy to manage capital and enhance shareholder value [1]. Summary by Sections Share Buyback Program - Nexans disclosed the execution of its share buyback program, which was initially published on March 27, 2025 [1]. - The company executed a total of 6,820 shares during the buyback period [2]. Daily Transactions - The daily transactions for the shares purchased are as follows: - December 29, 2025: 1,705 shares at an average price of €125.19 [2] - December 30, 2025: 1,705 shares at an average price of €126.04 [2] - December 31, 2025: 1,705 shares at an average price of €125.85 [2] - January 2, 2026: 1,705 shares at an average price of €127.06 [2] Broker Information - The transactions were executed by Kepler Cheuvreux, acting under a mandate for Nexans [1][2].

Core Viewpoint - Nexans has announced the execution of its share buyback program, detailing the purchase of its own shares from December 22, 2025, to December 24, 2025, as part of a previously published buyback program [1]. Summary by Relevant Sections Share Buyback Program - Nexans executed a total of 5,115 shares during the buyback period, with daily purchases as follows: - December 22, 2025: 1,705 shares at an average price of €124.36 [2] - December 23, 2025: 1,705 shares at an average price of €123.99 [2] - December 24, 2025: 1,705 shares at an average price of €124.49 [2] Trading Details - The trades were conducted through Kepler Cheuvreux, with various transactions recorded at different times and prices, including: - December 22, 2025: Prices ranged from €122.60 to €124.90 for multiple transactions [3][4] - The highest recorded price during the buyback was €126.10 on December 22, 2025 [3]. Compliance and Reporting - The share buyback activities were conducted in compliance with applicable laws and were reported in accordance with the company's obligations [1].

Core Insights - Nvidia is leading a significant shift in data center power architecture by transitioning from traditional AC power to 800V DC power, preparing for ultra-high-density computing environments with a power density of 1 megawatt (MW) per rack [1] - This transition is driven by the increasing power density demands of modern AI workloads, which are expected to exceed the capabilities of existing power systems [2] - The shift to 800V DC is anticipated to reduce total cost of ownership (TCO) by 30% in the long term, although it presents a substantial capital expenditure challenge in the short term [1][6] Group 1: Technological Transition - The 800V DC architecture allows for over 150% more power transmission on the same copper conductors compared to traditional systems, significantly enhancing energy efficiency [2] - Nvidia's new Vera Rubin NVL144 rack design incorporates liquid cooling technology and increased energy storage capacity to manage the extreme power density [2] - The transition will eliminate the need for traditional AC power distribution units (PDUs) and uninterruptible power supply (UPS) systems, reducing the demand for AC PDUs by up to 75% [3] Group 2: Market Impact - The shift to higher voltage systems is expected to increase revenue potential per megawatt from €2 million to €3 million in traditional data centers [4] - The industry anticipates that 80-90% of new data centers will adopt the 800V DC architecture in the future, despite currently only one-third of racks operating below 10kW [5] - Key suppliers in the semiconductor space, such as Analog Devices and Infineon, are positioning themselves to meet the demand for advanced chips required for 800V DC systems [5] Group 3: Infrastructure and Supply Chain - The transition will necessitate a comprehensive upgrade of the entire supply chain, including transformers, circuit breakers, and cooling systems [1] - Companies like Schneider Electric are targeting the market for racks capable of handling up to 1.2MW, while also developing solutions for liquid cooling systems [3] - Solid-state protection devices are replacing mechanical circuit breakers, with ABB leading in the development of solid-state breakers designed for DC distribution [5] Group 4: Timeline and Financial Considerations - The full commercial transition to 800V DC data centers is expected to align with the deployment of Nvidia's Kyber architecture by 2027, with significant scale effects anticipated around 2028 [6] - Data center operators will face substantial investment requirements over the next five years, in addition to addressing a $5 trillion AI funding gap [6]

Core Viewpoint - Nexans has announced a share buyback program, detailing the purchase of its own shares from December 15, 2025, to December 19, 2025, as part of its ongoing strategy to manage capital and enhance shareholder value [1]. Group 1: Share Buyback Program - The share buyback program was published on March 27, 2025, and is executed by an investment firm under a mandate [1]. - A total of 8,525 shares were purchased during the specified period [2]. - The daily purchase prices varied, with the highest price recorded at €125.155191 on December 15, 2025, and the lowest at €121.516657 on December 18, 2025 [2]. Group 2: Daily Transaction Details - On December 15, 2025, 1,705 shares were bought at an average price of €125.155191 [2]. - On December 16, 2025, another 1,705 shares were purchased at €124.858065 [2]. - The trend continued with consistent purchases of 1,705 shares on subsequent days, with prices fluctuating slightly, indicating active management of the buyback program [2][3].

Core Viewpoint - Nexans has entered exclusive negotiations with Motherson for the sale of its wiring harness business, Autoelectric, for an enterprise value of €207 million, marking the final step in its transformation into a pure electrification player [1][2][3] Company Overview - Nexans is a global leader in sustainable electrification, focusing on advanced cable solutions and services that support the transition to a low-carbon future [9][11] - The company operates in 41 countries with a workforce of 28,500 and generated €7.1 billion in standard sales in 2024 [11] - Nexans is committed to achieving net-zero emissions by 2050 and is recognized as a climate action leader [11] Business Details - Autoelectric, based in Floss, Germany, specializes in designing and manufacturing wiring harness and vehicle wiring system solutions for the automotive industry, generating approximately €749 million in annual sales in 2024 with nearly 14,000 employees [2][3] - The divestment of Autoelectric completes Nexans' strategic shift away from non-electrification activities, aligning with its "Sparking Electrification" strategy [3] Transaction Insights - The acquisition by Motherson is seen as a strategic fit, allowing Autoelectric to grow under a new owner with strong ties to the automotive industry [3] - The transaction is subject to customary regulatory approvals and is expected to be completed by mid-2026 [3] Financial Implications - The proposed sale will classify Autoelectric as "Assets Held for Sale" in Nexans' 2025 consolidated financial statements, impacting the classification of the Industry and Solutions Businesses as discontinued operations [4][5] - The 2025 guidance has been adjusted to reflect the exclusion of discontinued operations, with the new adjusted EBITDA guidance ranging from €710 million to €760 million [6][7]