TREMOR INTERNATIONAL LIMITED (GB:NEXN) has released an update.
Nexxen International Ltd. is seeking authorization for a $50 million share repurchase program, subject to a creditor objection period and bank lender consent under new Israeli regulations. This move aims to enhance shareholder value, but does not obligate Nexxen to buy any specific number of shares. The company’s current repurchase program is set to expire on November 1, 2024.
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