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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) just unveiled an announcement.
Nexxen International Ltd has announced a buyback of 100,000 ordinary shares at an average price of 402.65 pence per share, as part of its ongoing Buyback Programme on the AIM market. These shares will be classified as dormant under Israeli law and held in treasury, reducing the total number of shares with voting rights to 129,550,341. This move is part of Nexxen’s strategic capital management efforts, potentially enhancing shareholder value and optimizing the company’s capital structure.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology platform specializing in data and advanced TV solutions. The company offers a flexible and unified technology stack that includes a demand-side platform (DSP), supply-side platform (SSP), and the Nexxen Data Platform. Nexxen’s capabilities cover discovery, planning, activation, monetization, measurement, and optimization, catering to 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: 1.00%
Average Trading Volume: 502,744
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £524.6M
Find detailed analytics on NEXN stock on TipRanks’ Stock Analysis page.
