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Nexxen Seeks Authorization for New $20 Million Ordinary Share Repurchase Program

Sentiment:Positive (65)

Summary

NEW YORK, Aug. 15, 2025 (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 is seeking authorization to initiate a new $20 million Ordinary Share repurchase program (“new repurchase program”), which would commence following the completion of its current program. The new repurchase program is intended to capitalize on what the Company believes is a compelling opportunity to acquire its Ordinary Shares at a discounted valuation, reflecting confidence in its long-term prospects.

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Article published on August 15, 2025 by globenewswire