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Nexxen International Announces Share Buyback, Adjusts Voting Rights

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  • Nexxen is a leader in global advertising technology, offering data-driven solutions.
  • Nexxen’s share buyback reduces voting shares, impacting market valuation and stakeholders.
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Nexxen International Announces Share Buyback, Adjusts Voting Rights

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

Nexxen International Ltd announced a buyback of 100,000 ordinary shares on the AIM market, a part of its previously announced Buyback Programme. This move reduces its outstanding shares with voting rights to 129,350,341, signaling a potential strategic consolidation of its share structure, which could influence its market valuation and shareholder interests.

More about TREMOR INTERNATIONAL LIMITED

Nexxen International Ltd is a global leader in advertising technology, providing a flexible platform that leverages data and advanced TV capabilities. The company operates a demand-side platform (DSP) and a supply-side platform (SSP) with a core data platform, offering services in discovery, planning, activation, monetization, measurement, and optimization to advertisers, agencies, publishers, and broadcasters worldwide. Headquartered in Israel, Nexxen also has offices across the United States, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.

YTD Price Performance: -5.62%

Average Trading Volume: 515,382

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £499.4M

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

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