Milan - Delayed Quote • EUR Prysmian S.p.A. (PRY.MI) Follow Compare 65.76 +1.80 +(2.81%) As of 1:21:21 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Prysmian secures submarine cable projects in France The cable links will connect two offshore wind farms, Fos and Narbonnaise, to the French transmission grid. 3 Stocks Estimated To Be Up To 26.7% Below Intrinsic Value As global markets show signs of recovery with major U.S. indexes approaching record highs and economic indicators like jobless claims hitting favorable levels, investors are increasingly on the lookout for opportunities amidst ongoing geopolitical uncertainties. In this environment, identifying undervalued stocks—those trading below their intrinsic value—can offer potential avenues for growth, especially when broad-based gains suggest a supportive climate for strategic investments. TechnipFMC and Prysmian Team Up for Floating Offshore Wind Project FTI and Prysmian collaborate to take forward the floating offshore wind facility to provide an integrated solution for sustainable energy production. TechnipFMC and Prysmian to advance floating offshore wind projects The partnership seeks to improve project delivery using an integrated engineering, procurement, construction and installation model. TechnipFMC and Prysmian Announce Floating Offshore Wind Collaboration Agreement NEWCASTLE & HOUSTON & MILAN, November 04, 2024--TechnipFMC (NYSE: FTI) and Prysmian (MILAN: PRY) today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. Prysmian finalises €600m Marinus Link contract in Australia The project’s cables will span 255km undersea across Bass Strait and 90km underground in Gippsland, Victoria. Exploring Three Top Value Stocks With Intrinsic Discounts Ranging From 12.3% To 36.7% As global markets exhibit mixed performances with a notable pivot towards value and small-cap stocks, investors are keenly observing shifts caused by geopolitical tensions and economic policies. In this context, identifying stocks that appear undervalued relative to their intrinsic value could be particularly compelling, offering potential opportunities for discerning investors in the current market environment. Prysmian gains €450m from EIB to boost Europe’s energy infrastructure The funds will be used to create new production lines for extra-high-voltage submarine cables. Prysmian concludes acquisition of US cables producer Encore Wire The company has acquired all outstanding shares of Encore Wire's common stock for $290 per share in cash. Protagonist Therapeutics Set to Join S&P SmallCap 600 Protagonist Therapeutics Inc. (NASD: PTGX) will replace Encore Wire Corp. (NASD: WIRE) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 3. S&P Europe 350 constituent Prysmian SpA (MTAA: PRY) is acquiring Encore Wire in a deal expected to be completed soon pending final conditions. YIT to expand Prysmian Group’s warehouse facilities in Finland The contract will see the expansion of four existing buildings and the construction of a new material warehouse. Encore Wire, the Prysmian Buyout and Next Picks Attractive options for cash deployment resulting from the Encore-Prysmian merger UPDATE 2-Italy's Prysmian aims to deliver Encore deal benefits faster Italy's Prysmian aims to reap the benefits from its purchase of Encore Wire faster than initially envisaged, the CEO of the world's biggest cable maker said on Thursday, as it predicted 2024 results at the upper end of its estimates. Milan-based Prysmian last month announced the $4.2 billion acquisition of Encore Wire to expand in its North American profit powerhouse. Chief Executive Massimo Battaini told analysts the process was going well and no major issues were expected. UK tribunal gives go ahead for lawsuit against Europe power cable-makers The £790m lawsuit alleges that European power cable-makers overcharged nearly 30 million British customers. Prysmian SpA's Dividend Analysis Prysmian SpA (PRYMY) recently announced a dividend of $0.37 per share, payable on 2024-05-08, with the ex-dividend date set for 2024-04-24. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Prysmian SpA's dividend performance and assess its sustainability. Cable giant Prysmian to buy Encore Wire in $4.2 billion deal Italy's Prysmian announced a deal to buy US firm Encore Wire at an 11% premium as it doubles down on a North American market that already powers its profits. Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return PRY.MI FTSE MIB Index YTD +6.65% +3.48% 1-Year +61.94% +16.10% 3-Year +107.26% +28.44%