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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has shared an announcement.
Nexxen International Ltd announced the buyback of 100,000 ordinary shares, as part of its ongoing share buyback program. This transaction, conducted on the AIM market, is aimed at reclassifying the acquired shares as dormant under Israeli law, thereby impacting the company’s voting rights structure, with 128,849,586 shares now holding voting rights. This strategic move is likely to affect shareholder calculations in line with the FCA’s Disclosure and Transparency Rules.
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, including a demand-side platform and supply-side platform, with the Nexxen Data Platform at its core. Headquartered in Israel with offices worldwide, Nexxen is traded on the London Stock Exchange and NASDAQ.
YTD Price Performance: -3.38%
Average Trading Volume: 502,130
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £498.8M
For a thorough assessment of NEXN stock, go to TipRanks’ Stock Analysis page.
