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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has shared an update.
Nexxen International Ltd announced the buyback of 100,000 ordinary shares at an average price of 400.54 pence per share on the AIM market. This transaction is part of the company’s Buyback Programme, and the shares will be reclassified as dormant under Israeli law and held in treasury, impacting the total voting rights to 131,294,023 shares. This action reflects Nexxen’s strategic financial management and could influence shareholder interests by adjusting their shareholding calculations under the FCA’s rules.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology platform with expertise in data and advanced TV. The company offers a flexible technology stack including a demand-side platform and supply-side platform, all centered around the Nexxen Data Platform. Headquartered in Israel, Nexxen operates globally with offices in the US, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.
YTD Price Performance: 97.06%
Average Trading Volume: 488,194
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £528.2M
Find detailed analytics on NEXN stock on TipRanks’ Stock Analysis page.
