Schneider Electric agrees Shelly bid. Schneider Electric stock sits 5.90 percent below its high

Published on 10/01/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schneider offers EUR 70.00 per Shelly share in a EUR 1.2 billion deal. Schneider Electric stock costs EUR 293.25 on October 1, 2026 after EUR 292.03.

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Schneider Electric (FR0000121972) stock was trading at EUR 293.25 at Lang & Schwarz on October 1, 2026, while the group agreed a voluntary takeover framework for Shelly Group. The proposal offers EUR 70.00 per Shelly share and values the Bulgarian smart-home company at EUR 1.2 billion, according to MarketScreener on September 24, 2026. The stock stood 5.90 percent below its 52-week high of EUR 311.65.

Shelly deal sets a EUR 1.2 billion test

Reuters reported on September 24, 2026 that Schneider intends to launch the all-cash offer, which is expected to close in the first quarter of 2027. The transaction requires regulatory approvals and a minimum acceptance threshold of 95 percent of Shelly Group shares.

The acquisition would deepen Schneider Electric's position in connected homes and small commercial buildings. Reuters said Shelly's two founders, who together hold 57 percent of the company, had conditionally agreed to sell their stakes, while analysts described the purchase as small relative to Schneider Electric's market value.

Second-quarter revenue reached EUR 21.23 billion

For the quarter ending June 30, 2026, Schneider Electric reported revenue of EUR 21.23 billion and net profit of EUR 2.49 billion. Markets Insider said the comparable figures a year earlier were EUR 19.34 billion of revenue and EUR 1.91 billion of net profit. Revenue therefore increased by EUR 1.89 billion, while net profit increased by EUR 0.58 billion on the same quarterly basis.

Schneider Electric's investor-relations page identifies the half-year results release as July 30, 2026, placing the June-quarter figures in the company's latest reported interim period. The comparison gives the Shelly deal a financial backdrop: the proposed acquisition is small beside the operating scale represented by EUR 21.23 billion in quarterly revenue.

Stock remains below the yearly high

At Lang & Schwarz, Schneider Electric stock was trading at EUR 293.25 on October 1, 2026 at 2:01 p.m. CEST, up 0.42 percent versus the prior close of EUR 292.03 on September 30, 2026. The same euro reference shows a 52-week range of EUR 220.60 to EUR 311.65 and a market capitalization of EUR 164.8 billion as of October 1, 2026.

The further course of trading is shown by the continuously updated real-time quote of Schneider Electric stock.