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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) just unveiled an update.
Nexxen International Ltd has repurchased 100,000 ordinary shares at an average price of 385.44 pence per share under its Buyback Programme. These shares will be reclassified as dormant and held in treasury, affecting the total voting rights, now amounting to 129,250,341 shares. This move is part of Nexxen’s strategy to manage its share capital and influence shareholder value, potentially impacting stakeholder interests and market perceptions.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology platform with expertise in data and advanced TV. It offers a flexible technology stack that includes a demand-side platform, supply-side platform, and the Nexxen Data Platform. The company supports advertisers, agencies, publishers, and broadcasters worldwide in data utilization and advanced TV services, focusing on streaming capabilities. Headquartered in Israel, Nexxen operates across the United States, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.
YTD Price Performance: -5.62%
Average Trading Volume: 515,382
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £499.4M
See more data about NEXN stock on TipRanks’ Stock Analysis page.
