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Nexxen Executes Share Buyback, Updates Voting Rights
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Nexxen Executes Share Buyback, Updates Voting Rights

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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) just unveiled an update.

Nexxen International Ltd has executed a share buyback transaction, repurchasing 100,000 ordinary shares at an average price of 402.47 pence per share on the AIM market. These shares will be held as dormant shares in treasury, reducing the number of shares with voting rights to 130,925,341. This move is part of Nexxen’s ongoing buyback programme and aligns with regulatory transparency requirements, potentially impacting shareholder calculations regarding their interests in the company’s share capital.

More about TREMOR INTERNATIONAL LIMITED

Nexxen International Ltd is a global advertising technology company with expertise in data and advanced TV. It offers a flexible technology stack that includes a demand-side platform and supply-side platform, centered around the Nexxen Data Platform. The company supports advertisers, agencies, publishers, and broadcasters in optimizing their digital advertising strategies. Headquartered in Israel, Nexxen has a presence in the US, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.

YTD Price Performance: 1.25%

Average Trading Volume: 496,755

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £530.7M

For detailed information about NEXN stock, go to TipRanks’ Stock Analysis page.

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