Nexans Liquidity Contract Overview
Half-year liquidity contract statement for Nexans
As of the end of December, Nexans disclosed details regarding its liquidity contract with NATIXIS ODDO BHF. The company aims for transparency and accountability in its financial dealings, crucial for stakeholders interested in the company's progress.
Current Assets Overview
As of the latest report, assets on the dedicated liquidity account include:
- 27,951 shares
- EUR 4,821,089.42 in cash
- Number of purchase transactions executed over the semester: 8,073
- Number of sales transactions executed over the semester: 7,051
- Volume traded for purchases: 998,312 shares for EUR 118,098,357.40
- Volume traded for sales: 1,003,865 shares for EUR 118,739,477.10
Performance Comparison
When juxtaposed with the previous half-year report from June, the variations in assets are noteworthy:
- 33,504 shares and EUR 4,179,969.26 in cash were last reported.
- During that period, 6,151 purchases and 3,953 sales were executed.
- The trading volumes highlighted 671,240 purchases at EUR 65,108,030.20 and 665,687 sales at EUR 64,756,854.00.
Initial Contract Setup
At the contract's inception, the account held zero shares and EUR 6,000,000 in cash, showcasing the strategic allocation towards a robust liquidity position.
Compliance and Governance
Nexans adheres to AMF Decision No. 2018-01, which endorses liquidity contracts as a standard market practice, ensuring continuous support for its equity securities.
About Nexans
For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrifying the future. With approximately 28,500 people in 41 countries, the Group is paving the way to a new world of safe, sustainable and decarbonized electricity that is accessible to everyone. The company generated 6.5 billion euros in standard sales in the past year. Renowned for its innovative cable systems, Nexans operates in four main business areas: Power Generation & Transmission, Distribution, Usage, and Industry & Solutions. A pioneer in corporate social responsibility, Nexans established a foundation devoted to sustainable initiatives, enhancing energy access for underserved communities worldwide. The company is also recognized on the CDP Climate Change A List as a global leader in climate action and has set ambitious goals for Net-Zero emissions by 2050, aligned with the Science Based Targets initiative (SBTi).
Nexans. Electrify the future.
Nexans is listed on Euronext Paris, compartment A.
For further inquiries, feel free to visit www.nexans.com.
Contact Information
Communication:
- Mael Evin (Havas Paris)
Tel: +33 (0)6 44 12 14 91
Email: nexans_h@havas.com - Olivier Daban
Tel: +47 45250987
Email: Olivier.Daban@nexans.com - Ilham Dahou
Tel: +212 666467290
Email: ilham.dahou@nexans.com
Investor Relations:
- Elodie Robbe-Mouillot
Tel: +33 (0)1 78 15 03 87
Email: elodie.robbe-mouillot@nexans.com
Frequently Asked Questions
What is the role of Nexans in electrification?
Nexans has been a leader in the electrification sector, contributing significantly to sustainable and reliable electrical systems globally.
How does the liquidity contract benefit Nexans?
The liquidity contract facilitates better management of shares and cash flow, enhancing market engagement and investor confidence.
What financial metrics are highlighted in the report?
The report outlines key assets, trading volumes, and transaction numbers that point to Nexans' active engagement in the market.
How does Nexans approach sustainability?
Nexans is committed to sustainability, aiming for Net-Zero emissions by 2050 and investing in projects to bring energy access to underserved areas.
Where can I find more information about Nexans?
Additional details regarding Nexans, including their initiatives and financial data, are available on their official website.
