Business
Nexxen Announces December 2025 Share Repurchase Summary and Approval of New $40 Million Program
NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology
About this update from Nexxen International Ltd.
[{"type":"text","content":"NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that it repurchased 495,000 shares at an average price of $6.63 during December 2025. As of December 31, 2025, Nexxen had 56,284,083 Ordinary Shares outstanding (excluding treasury shares), and approximately $7.5 million remaining under its current share repurchase authorization. The Company has also received authorization, following the expiration of a 30-day creditor objection period and consent from its bank lenders, to initiate a new share repurchase program (the “new program”) of up to $40 million, as announced on November 20, 2025, which is scheduled to begin upon completion of its current program. The new program reflects the Company’s ongoing commitment to returning capital to shareholders and enhancing long-term shareholder value. Under the new program, Nexxen will not be obligated to repurchase any specific number of shares, and the program may be suspended, modified or discontinued at any time, subject to applicable law, and outside of blackout periods. Any shares repurchased under the new program will be reclassified as dormant shares under the Israeli Companies Law and held in treasury without rights. The Company will provide an update when the new program commences. About Nexxen Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in the ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen Data Platform at its core. With streaming in our DNA, Nexxen’s robust capabilities span discovery, planning, activation, monetization, measurement and optimization – available individually or in combination – all designed to enable our partners to achieve their goals, no matter how far-reaching or hyper niche they may be. Nexxen is headquartered in Israel and maintains offices throughout the United States, Canada, Europe and Asia-Pacific, and is traded on Nasdaq (NEXN). For more information, visit www.nexxen.com. For further information please contact: Nexxen International Ltd.Billy Eckert, Vice President of Investor Relationsir@...