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Last $17.36 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 06/23/15 All times are local (Market data is delayed by at least 15 minutes).

rexel sa (RXLSF) Snapshot

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07/7/14 - $22.40
52 Week Low
10/30/14 - $16.23
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rexel sa (RXLSF) Details

Rexel S.A. distributes electrical solutions and equipment for the industrial, residential, and commercial sectors. It offers installation equipment, including switches, circuit breakers, transformers, UPS, accumulators, industrial PCs, command control networks, sensors, actuators, pumps, ventilators, etc.; conduits and cables, such as raceways, wiring ducts, and cable troughs; light sources comprising bulbs, incandescent, halogen, and fluorescent tubes; and indoor, outdoor, and decorative light fixtures. The company also provides security and communication equipment, including voice and data transmission systems, intrusion and fire detection, surveillance, and access control devices; climate control products, such as ventilation, air-conditioning, and heating appliances; white and brown products comprising household appliances and audiovisual equipment; and hand and electrical tools, instrumentation tools, and protective equipment. In addition, it distributes its own-brand products, such as tools and electrical devices under the BizLine name; voice and data communication products under the Gigamedia brand; electrical appliances and accessories under the Newlec name; and protective and safety equipment under the Eski brand, as well as ElectriPro, Defiance, Sector, and other brands. Further, the company develops products for cabling and networking systems; and offers e-commerce solutions, such as Webshops, e-procurement and electronic data interchange solutions, inventory management and replenishment, and Web-based electrical equipment purchase management solutions. It serves electricians, small and medium contractors, large projects customers, government agencies and service companies, and wholesale and retail resellers in 38 countries through 2,200 branches, as well as a distribution network of 40 banners. Rexel S.A. was founded in 1967 and is headquartered in Paris, France.

29,804 Employees
Last Reported Date: 04/30/15
Founded in 1967

rexel sa (RXLSF) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: €1.6M
Chief Financial Officer, Deputy Chief Executi...
Total Annual Compensation: €701.4K
Group Senior Vice President of Business Portf...
Total Annual Compensation: €272.4K
Compensation as of Fiscal Year 2014.

rexel sa (RXLSF) Key Developments

Rexel Announces Executive Changes

Thierry Delarue has been appointed Group Senior Vice President Strategy & Business Transformation of Rexel, effective July 1, 2015. In this newly-created leadership role, Thierry will work closely with the Regional CEOs, the functional leaders and their respective teams to accelerate Rexel's business transformation and the implementation of its strategy. He will become a member of Rexel's Executive Committee, reporting directly to Rudy Provoost, Rexel's Chief Executive Officer. Having previously headed Strategy & Business Development for Asia Pacific & Japan at Thomson Reuters, Thierry Delarue brings a wealth of experience in strategy and business development in multiple sectors. Pascal Martin, currently Group Senior Vice President, Corporate Strategy, Business Portfolio Management and New Business Development, will focus on the further development of Global Marketing, Supplier Relationship Development, International Key Accounts (IKA), International Projects Group (IPG) and Business Portfolio Management through the completion of Rexel's divestment program. Pascal Martin will continue to be a member of the Executive Committee, reporting to Rudy Provoost.

Rexel SA Amends its By-Laws

Rexel SA approved amendment to article 15 of the company's by-laws relating to the shares of the members of the Board of Directors in order to introduce a clause providing for a minimum number of shares to be held by the members of the Board of Directors, amendment to article 28 of the company's by-laws relating to the shareholders' access to shareholders' meetings and amendment to article 30-2 of the company's by-laws relating to the voting rights in shareholders' meeting in order to introduce a clause maintaining a single voting right at its ordinary and extraordinary shareholders' meeting held on May 27, 2015.

Rexel Approves Distribution of Dividend, Payable from July 1, 2015

Rexel at its annual meeting of shareholders held on May 27, 2015, approved the distribution of a dividend of EUR 0.75 per share and also approved the proposal to offer each shareholder the choice of opting for the payment of the dividend either in cash or in new Rexel shares. Shareholders can exercise their option from June 3, 2015 (inclusive) through June 23, 2015 (inclusive) upon request to their financial intermediary. In the event that this option is not exercised by June 23, 2015 (inclusive), the dividend will be paid in cash only. The option of cash or new shares applies to the full dividend amount for which it is offered. The price of the new shares issued for the payment of the dividend is set at EUR 14.21. The record date is June 2, 2015 and the ex-dividend date is June 3, 2015. The payment of dividends in cash and the issuance of new shares when the option is exercised will be carried out from July 1, 2015. The maximum number of new shares that can be issued if this option is exercised is 15,452,819 representing 5.27% of Rexel's share capital and voting rights.


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