NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (âNexxenâ or the âCompanyâ), 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 (ânew repurchase programâ), 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.
Related Questions
What is the expected impact of the $20âŻmillion share repurchase on Nexxen's shortâterm stock price and trading volume?
How will the new buyback program affect the company's earnings per share (EPS) and other key valuation metrics?
What is the timeline for obtaining shareholder authorization and executing the repurchase, and how might that timeline influence market expectations?
How does this repurchase program compare in size and frequency to Nexxen's historical buybacks and to those of its primary competitors?
What is the source of capital for the $20âŻmillion program (e.g., cash on hand, debt financing), and what are the implications for the company's balance sheet and leverage ratios?
Will the repurchase be conducted via openâmarket purchases, a tender offer, or another method, and what price range is the company targeting?
How could the new repurchase program impact analyst coverage, target price revisions, and overall market sentiment toward Nexxen?
How might the buyback influence the supply of shares available for institutional investors and affect liquidity in the NASDAQ market?
Are there any tax or regulatory considerations (e.g., SEC filing deadlines, insider trading windows) that could affect the execution of the program?
What are the potential risks if the market perceives the repurchase as a signal that the company lacks attractive growth opportunities?