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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has shared an update.
Nexxen International Ltd has announced a share buyback transaction involving the acquisition of 100,000 ordinary shares on the AIM market. These shares, purchased at an average price of 384.47 pence per share, will be reclassified as dormant under Israeli Companies Law and held in treasury. This move follows the company’s buyback program initiated in November 2024. The transaction adjusts the total voting shares, providing a new denominator for shareholders under the FCA’s Disclosure and Transparency Rules, affecting how they report their shareholdings and any changes therein.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology company that specializes in data and advanced TV solutions. The company offers a comprehensive technology stack that includes a demand-side platform (DSP), a supply-side platform (SSP), and the Nexxen Data Platform. Nexxen’s services cater to advertisers, agencies, publishers, and broadcasters worldwide, focusing on streaming and offering capabilities such as discovery, planning, activation, monetization, measurement, and optimization. Nexxen is headquartered in Israel with offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.
YTD Price Performance: -3.38%
Average Trading Volume: 502,130
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £498.4M
For detailed information about NEXN stock, go to TipRanks’ Stock Analysis page.
