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An update from TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) is now available.
Nexxen International Ltd. announced the buyback of 100,000 ordinary shares on the AIM market, as part of its Buyback Programme, at an average price of 395.03 pence per share. The acquired shares will be held in treasury and classified as dormant shares without rights, under the Israeli Companies Law. This move impacts the company’s total voting rights, reducing the number of shares with voting rights to 132,236,250, which stakeholders can use for transparency calculations as required by financial regulations.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd. is a global advertising technology platform with expertise in data and advanced TV. It offers a unified technology stack comprising a demand-side platform, supply-side platform, and a data platform. The company facilitates services including discovery, planning, activation, monetization, measurement, and optimization for advertisers, agencies, publishers, and broadcasters worldwide. Headquartered in Israel, Nexxen operates offices across the United States, Canada, Europe, and Asia-Pacific, and is listed on the London Stock Exchange and NASDAQ.
YTD Price Performance: 92.65%
Average Trading Volume: 428,845
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £520.5M
For an in-depth examination of NEXN stock, go to TipRanks’ Stock Analysis page.