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Nexxen Strengthens Shareholder Value with Buyback Plan

Nexxen Strengthens Shareholder Value with Buyback Plan

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

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Nexxen International Ltd. has repurchased 100,000 of its own shares at an average price of 385.22 pence per share as part of its buyback program, reclassifying them as dormant shares held in treasury. This move reduces the total number of voting shares to 132,736,250, which shareholders can use to calculate necessary notifications under FCA rules. Nexxen’s strategy highlights its commitment to enhancing shareholder value while maintaining its position as a leading global advertising technology platform.

For further insights into GB:NEXN stock, check out TipRanks’ Stock Analysis page.

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