Nexxen International Ltd. (NEXN) has released an update.
Nexxen International Ltd., a leading advertising technology platform, has recently executed a share buyback program, acquiring 85,327 ordinary shares and reducing the total number of shares with voting rights to 139,587,894. The share repurchase was conducted via Cavendish Capital Markets Limited and these shares will now be classified as dormant under Israeli law, held in treasury without voting rights. This move reflects Nexxen’s strategic financial management and commitment to enhancing shareholder value.
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