Nexxen to launch $50M share repurchase program

The Company received approval to launch a new $50 million Ordinary Share repurchase program which is expected to begin on November 19, 2024 and continue until May 19, 2025 or completion. The impending program does not obligate Nexxen (NEXN) to repurchase any particular amount of Ordinary Shares and the program may be suspended, modified or discontinued at any time at the Company’s discretion, subject to applicable law. The Company’s previous Ordinary Share repurchase program expired on November 1, 2024.