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Nexxen International Executes Strategic Share Buyback Program
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Nexxen International Executes Strategic Share Buyback Program

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

Nexxen International Ltd announced a buyback of 200,000 ordinary shares on the AIM market at an average price of 373.55 pence per share. These shares will be reclassified as dormant under Israeli law and held in treasury, impacting voting rights which now stand at 128,224,586. This move is part of Nexxen’s Buyback Programme, potentially influencing shareholder interest and market perception.

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 and unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP), centered around the Nexxen Data Platform. Nexxen’s capabilities in streaming span discovery, planning, activation, monetization, measurement, and optimization, tailored to meet diverse client needs. Headquartered in Israel, Nexxen operates offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.

YTD Price Performance: -8.50%

Average Trading Volume: 524,147

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £470.8M

See more data about NEXN stock on TipRanks’ Stock Analysis page.

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