Nexxen Announces February 2026 Share Repurchase Program Summary

Core Viewpoint - Nexxen International Ltd. has announced a share repurchase of 496,981 shares at an average price of $6.02, with a remaining authorization of approximately $2.0 million under its current program [1][2]. Group 1: Share Repurchase Program - The company repurchased 496,981 shares in February 2026 at an average price of $6.02 [1]. - As of February 28, 2026, Nexxen had 55,720,779 ordinary shares outstanding, excluding treasury shares [1]. - Nexxen has received authorization for a new share repurchase program of up to $40 million, which will begin after the current program concludes [2]. Group 2: Program Details - The new share repurchase program does not obligate the company to repurchase a specific number of shares and can be suspended or modified at any time [2]. - Shares repurchased under the new program will be classified as dormant shares under Israeli Companies Law and held in treasury without rights [2]. Group 3: Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a flexible technology stack that includes a demand-side platform and a supply-side platform [4]. - The company is headquartered in Israel and has offices in the United States, Canada, Europe, and Asia-Pacific, and is traded on Nasdaq under the ticker NEXN [5].