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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) just unveiled an announcement.
Nexxen International Ltd has executed a share buyback transaction, purchasing 100,000 ordinary shares on the AIM market, as part of its Buyback Programme. These shares will be classified as dormant under Israeli law and held in treasury, impacting the total voting rights, which now stands at 129,950,341. This transaction reflects Nexxen’s strategic financial management to potentially enhance shareholder value and optimize its capital structure.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology platform specializing in data and advanced TV. The company offers a flexible and unified technology stack that includes a demand-side platform and supply-side platform, underpinned by the Nexxen Data Platform. Nexxen’s capabilities encompass discovery, planning, activation, monetization, measurement, and optimization, available individually or in combination. Headquartered in Israel, Nexxen has offices in the United States, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.
YTD Price Performance: 2.62%
Average Trading Volume: 500,214
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £533.9M
See more insights into NEXN stock on TipRanks’ Stock Analysis page.
