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Nexxen Implements Share Buyback Program, Adjusts Voting Rights
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Nexxen Implements Share Buyback Program, Adjusts Voting Rights

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

Nexxen International Ltd has repurchased 100,000 ordinary shares at an average price of 390.49 pence per share as part of its buyback program on the AIM market. These shares will be reclassified as dormant under Israeli law and held in treasury, impacting the company’s total voting rights. Following this transaction, Nexxen’s issued share capital consists of 197,796,775 ordinary shares, with 131,494,023 shares holding voting rights. This announcement affects shareholders’ calculations for notifying changes in their interest under the Financial Conduct Authority’s rules.

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 demand-side and supply-side platforms, empowering advertisers, agencies, publishers, and broadcasters worldwide. Nexxen’s services focus on discovery, planning, activation, monetization, measurement, and optimization, catering to diverse goals from broad to niche markets. Headquartered in Israel, Nexxen operates offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.

YTD Price Performance: 93.63%

Average Trading Volume: 484,823

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £519.8M

Learn more about NEXN stock on TipRanks’ Stock Analysis page.

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