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Nexxen International Announces Strategic Share Buyback

Story Highlights
  • Nexxen International executed a buyback of 200,000 shares as part of its strategic capital management.
  • The share buyback reduces voting shares to 127,639,630, aligning with FCA transparency rules.
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Nexxen International Announces Strategic Share Buyback

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

Nexxen International Ltd announced a share buyback of 200,000 ordinary shares on 13 February 2025, as part of its Buyback Programme on the AIM market. These shares will be held in treasury as dormant shares without rights attached, impacting the total voting rights to 127,639,630 shares available for shareholder calculations under FCA rules. This move reflects Nexxen’s strategic efforts to manage its share capital and potentially enhance shareholder value, maintaining transparency with stakeholders regarding its issued share capital and voting rights.

More about TREMOR INTERNATIONAL LIMITED

Nexxen International Ltd is a global advertising technology company specializing in data and advanced TV solutions. Its technology stack includes a demand-side platform and supply-side platform, with a focus on enabling advertisers, agencies, publishers, and broadcasters to leverage data for meaningful advertising experiences. The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.

YTD Price Performance: -2.25%

Average Trading Volume: 547,102

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £500.6M

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

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