Nexxen Announces December 2025 Share Repurchase Summary and Approval of New $40 Million Program

Core Viewpoint - Nexxen International Ltd. has announced a share repurchase program, reflecting its commitment to returning capital to shareholders and enhancing long-term shareholder value [2][3]. Group 1: Share Repurchase Details - In December 2025, Nexxen repurchased 495,000 shares at an average price of $6.63, leaving approximately $7.5 million remaining under its current share repurchase authorization as of December 31, 2025 [1]. - Following a 30-day creditor objection period and consent from bank lenders, Nexxen has received authorization to initiate a new share repurchase program of up to $40 million, scheduled to begin upon completion of the current program [2]. - The new program allows Nexxen to repurchase shares at its discretion, with the possibility of suspension or modification, and any repurchased shares will be classified as dormant shares under Israeli law [3]. Group 2: Company Overview - Nexxen operates as a global advertising technology platform, specializing in data and advanced TV, with a technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [4]. - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on Nasdaq under the ticker NEXN [5].