Rexel announces successful EUR 500 million capital increase; Rexel stock trades at EUR 35.48
Published on 10/03/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Rexel announced the success of a capital increase of approximately EUR 500 million on September 29, 2026, placing 14,388,490 new shares at EUR 34.75 each, according to GlobeNewswire. The transaction generated gross proceeds of approximately EUR 500 million before commissions and expenses.
On October 3, 2026, Rexel stock was unchanged at EUR 35.48 in weekend trading at Lang & Schwarz at 11:19 a.m. CEST. The price was 0.00 percent versus the EUR 35.48 close at Lang & Schwarz on October 2, 2026.
Weekend trading
The new shares were issued without shareholders’ preferential subscription rights through an accelerated bookbuilding process. The net proceeds are intended to partially finance Rexel’s acquisition of GCG. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Rexel stock.
Capital increase
Rexel said the subscription price represented a discount of approximately 1.00 percent to the last closing price before the capital increase was launched on September 28, 2026. The new shares carry current dividend rights and will trade under ISIN FR0010451203 on Euronext Paris. Settlement and delivery was expected on or around October 1, 2026, according to GlobeNewswire.
GCG acquisition
Rexel announced on September 25, 2026, that it had agreed to acquire GCG, a US provider of specialty wire and cable, connectivity, power and engineered solutions for critical infrastructure applications. The transaction was valued at approximately USD 1.4 billion in enterprise value and was expected to close by the end of 2026, subject to customary conditions and regulatory approvals, according to GlobeNewswire.
Next Xetra session
The next Xetra session falls on October 5, 2026.
