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Nexxen International Initiates Share Buyback in Strategic Move
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Nexxen International Initiates Share Buyback in Strategic Move

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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) just unveiled an announcement.

Nexxen International Ltd. announced a buyback of 100,000 ordinary shares on the AIM market as part of its ongoing Buyback Programme. The acquired shares will be held as dormant shares under the Israeli Companies Law, impacting the total voting shares available to stakeholders. This transaction reflects Nexxen’s strategic financial management and may influence shareholder calculations under the FCA’s Disclosure and Transparency Rules.

More about TREMOR INTERNATIONAL LIMITED

Nexxen International Ltd. is a global advertising technology company that specializes in data and advanced TV solutions. Their technology stack includes a demand-side platform and supply-side platform, with a focus on leveraging streaming capabilities for discovery, planning, activation, monetization, measurement, and optimization. The company serves advertisers, agencies, publishers, and broadcasters worldwide, with offices in Israel, the United States, Canada, Europe, and Asia-Pacific. Nexxen is publicly traded on the London Stock Exchange and NASDAQ.

YTD Price Performance: -3.62%

Average Trading Volume: 512,651

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £499.4M

See more insights into NEXN stock on TipRanks’ Stock Analysis page.

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