Rexel: Rexel Board of Directors rejects an unsolicited preliminary proposal from QXO [Yahoo! Finance]
REXEL SA UNSP/ADR (RXEEY)
NASDAQ:AMEX Investor Relations:
rexel.com/en/finance/investors
Company Research
Source: Yahoo! Finance
Rexel confirms it has received earlier this week an unsolicited, non-binding preliminary proposal from QXO regarding a potential acquisition of Rexel at an indicative price of €28.00 to €28.40 per share. Rexel's Board of Directors has reviewed the proposal in detail and has unanimously decided not to pursue it, considering that it significantly undervalues the company and does not reflect its value creation potential through its Power Up 25 strategic plan. The Board of Directors remains highly confident in Rexel's management to deliver the mid-term objectives presented in during the June 2024 Capital Markets Day. Indeed, Rexel's management team has successfully demonstrated over the last few years its ability to increase the company's underlying profitability and enhance its growth profile in an accelerating electrification world. Rexel does not intend to make any additional comments on this proposal. ABOUT REXEL GROUP Rexel, worldwide expert in the multichannel professional
Show less
Read more
Impact Snapshot
Event Time:
RXEEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RXEEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RXEEY alerts
High impacting REXEL SA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
RXEEY
News
- Zilliant Establishes European Customer Advisory Board to Enhance Regional Market Insights [Yahoo! Finance]Yahoo! Finance
- Rexel: Q3 2024 SalesGlobeNewswire
- QXO no longer bidding for France's Rexel, considering other US deal - report Oct. 04, 2024 11:57 AM ET By: Joshua Fineman , SA News Editor [Seeking Alpha]Seeking Alpha
- French group Rexel turns down QXO's $9.4B acquisition offer [Seeking Alpha]Seeking Alpha
- Rexel rejects undervalued QXO bid, shares jump [Yahoo! Finance]Yahoo! Finance