Nexxen International Executes Share Buyback Strategy

TREMOR INTERNATIONAL LIMITED (GB:NEXN) has released an update.

Nexxen International Ltd has repurchased 100,000 of its own shares on the AIM market as part of its buyback program, reclassifying them as dormant shares to be held in treasury. This move reduces the total number of voting shares to 133,449,969, potentially impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules. Nexxen aims to strengthen its position in the advertising technology sector, demonstrating strategic financial management.

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