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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has provided an announcement.
Nexxen International Ltd announced a buyback of 100,000 ordinary shares at an average price of 400.4 pence per share on the AIM market. The shares will be held as dormant shares in treasury under Israeli law, reducing the total number of shares with voting rights to 131,194,023. This buyback is part of Nexxen’s announced strategy to manage its capital structure, reflecting its commitment to enhancing shareholder value.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology company with expertise in data and advanced TV. It offers a flexible, unified 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 in utilizing data and advanced TV. Headquartered in Israel, it maintains offices in the US, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.
YTD Price Performance: 96.08%
Average Trading Volume: 489,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £525.2M
See more insights into NEXN stock on TipRanks’ Stock Analysis page.
