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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has provided an update.
Nexxen International Ltd announced a share buyback transaction, acquiring 100,000 ordinary shares at an average price of 398.91 pence each as part of its Buyback Programme on the AIM market. This move is aligned with its strategic financial maneuvers, and the bought-back shares are reclassified as dormant under Israeli law, impacting the company’s total voting rights, which now stand at 131,094,023. This update is significant for shareholders as it influences calculations for notifications under the FCA’s Disclosure and Transparency Rules.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology company specializing in data and advanced TV solutions. It offers a flexible, unified technology stack, including a demand-side platform (DSP) and supply-side platform (SSP), with the Nexxen Data Platform at its core. With headquarters in Israel and offices across the US, Canada, Europe, and Asia-Pacific, Nexxen empowers advertisers, agencies, publishers, and broadcasters to leverage its capabilities for discovery, planning, activation, monetization, measurement, and optimization.
YTD Price Performance: 96.08%
Average Trading Volume: 489,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £525.2M
For detailed information about NEXN stock, go to TipRanks’ Stock Analysis page.