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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has issued an announcement.
Nexxen International Ltd announced a buyback of 100,000 ordinary shares, which will be reclassified as dormant shares under Israeli law. This move impacts the total voting rights available to shareholders, reducing the number of shares with voting rights to 129,850,341. The buyback is part of Nexxen’s strategy to manage its share capital effectively and reflects the company’s ongoing efforts to optimize shareholder value.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology company specializing in data and advanced TV solutions. The company offers a comprehensive technology stack that includes a demand-side platform and a supply-side platform, with a focus on streaming. Nexxen serves advertisers, agencies, publishers, and broadcasters worldwide, helping them utilize data meaningfully to achieve a wide range of objectives. Headquartered in Israel, Nexxen operates across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded 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.
