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TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) has provided an announcement.
Nexxen International Ltd announced a buyback of 200,000 ordinary shares, which were purchased at an average price of 364.2 pence each on the AIM market. These shares will be reclassified as dormant and held in treasury, reducing the number of shares with voting rights to 128,424,586. This strategic move aligns with their ongoing Buyback Programme and impacts the company’s share capital structure, influencing stakeholders’ share calculations as per the FCA’s Disclosure and Transparency Rules.
More about TREMOR INTERNATIONAL LIMITED
Nexxen International Ltd is a global advertising technology company that specializes in data and advanced TV solutions. It offers a unified technology stack including demand-side and supply-side platforms, along with the Nexxen Data Platform. The company supports advertisers, agencies, publishers, and broadcasters worldwide by enhancing their capabilities in discovery, planning, activation, monetization, measurement, and optimization. Nexxen is headquartered in Israel with a presence across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.
YTD Price Performance: -8.50%
Average Trading Volume: 524,147
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £470.8M
For a thorough assessment of NEXN stock, go to TipRanks’ Stock Analysis page.