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Nexxen Executes Strategic Share Buyback to Optimize Capital Structure

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Nexxen Executes Strategic Share Buyback to Optimize Capital Structure

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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has shared an update.

Nexxen International Ltd has executed a share buyback transaction, acquiring 184,956 ordinary shares on the AIM market, which will be reclassified as dormant shares without rights and held in treasury. This move is part of the company’s ongoing Buyback Programme, initially announced in November 2024, and affects the total voting rights, reducing the number of shares with voting rights to 128,039,630. Shareholders are advised to use this updated figure for any calculations related to their interest in the company’s share capital.

More about TREMOR INTERNATIONAL LIMITED

Nexxen International Ltd is a prominent player in the advertising technology industry, providing a comprehensive platform that supports advertisers, agencies, publishers, and broadcasters globally. The company specializes in leveraging data and advanced TV technologies, offering a flexible and unified technology stack that includes a demand-side platform, supply-side platform, and a central data platform. Headquartered in Israel, Nexxen operates in the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.

YTD Price Performance: -2.50%

Average Trading Volume: 543,516

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £484.2M

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

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