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The latest announcement is out from TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ).
Nexxen International Ltd. has executed a buyback of 100,000 ordinary shares at an average price of 396.38 pence per share as part of its Buyback Programme on the AIM market. This transaction reduces the number of shares with voting rights to 131,794,023, impacting how shareholders calculate their interest in the company’s share capital under the FCA’s Disclosure and Transparency Rules. The acquisition of these shares, now classified as dormant, is a strategic move that could influence the company’s market positioning and shareholder engagement.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd. is a global advertising technology company with expertise in data and advanced TV solutions. The company offers a flexible technology stack, including a demand-side platform and a supply-side platform, centered around the Nexxen Data Platform. Nexxen supports advertisers, agencies, publishers, and broadcasters worldwide with capabilities in discovery, planning, activation, and monetization. The company is headquartered in Israel, with offices across the US, Canada, Europe, and Asia-Pacific, and it is publicly traded on the London Stock Exchange and NASDAQ.
YTD Price Performance: 96.81%
Average Trading Volume: 467,950
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £530M
See more data about NEXN stock on TipRanks’ Stock Analysis page.