tiprankstipranks
Nexxen International Announces Strategic Share Buyback
Company Announcements

Nexxen International Announces Strategic Share Buyback

Story Highlights

Don't Miss Our New Year's Offers:

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskNexxen Announces Total Voting Rights Update
TipRanks UK Auto-Generated NewsdeskNexxen International Executes Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App