Nexxen Announces August 2025 Share Repurchase Program Summary

Rhea-AI Summary

Nexxen International (NASDAQ: NEXN), a global advertising technology platform, has reported its August 2025 share repurchase activity. The company bought back 460,000 Ordinary Shares at an average price of $9.82. As of August 31, 2025, Nexxen had 57,657,924 Ordinary Shares outstanding and approximately $2.7 million remaining under its current buyback authorization.

Additionally, Nexxen plans to initiate a new $20 million Ordinary Share repurchase program following the completion of its current program, as announced on August 15, 2025. The company will provide updates on the new program's initiation or any potential delays due to creditor objections.

Positive

• Ongoing share repurchase program demonstrates confidence in company value
• Planned new $20 million buyback program shows continued commitment to returning value to shareholders
• Strong cash position enabling significant share repurchases

Negative

• Potential delays in new buyback program due to possible creditor objections
• Current buyback program has only $2.7 million remaining

NEW YORK, Sept. 02, 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, during August 2025, the Company repurchased 460,000 Ordinary Shares at an average price of $9.82.

As of August 31, 2025, Nexxen had 57,657,924 Ordinary Shares outstanding (excluding treasury shares) and approximately $2.7 million remaining under its current share repurchase program authorization.

As announced on August 15, 2025, Nexxen intends to initiate a new $20 million Ordinary Share repurchase program, which would commence following the completion of its current program. The Company will provide an update upon initiation of the new repurchase program or in the event of any delay related to creditor objections.

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 Relations
ir@nexxen.com

Caroline Smith, Vice President of Communications
csmith@nexxen.com

Forward Looking Statements

This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. Forward-looking statements are identified by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “can,” “will,” “estimates,” and other similar expressions. However, these words are not the only way Nexxen identifies forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the Company’s capital allocation plans generally and with respect to its ongoing and future share repurchase programs. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Nexxen’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Nexxen cautions you not to place undue reliance on these forward-looking statements. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company’s most recent Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission (www.sec.gov) on March 5, 2025. Any forward-looking statements made by Nexxen in this press release speak only as of the date of this press release, and Nexxen does not intend to update these forward-looking statements after the date of this press release, except as required by law.

Nexxen, and the Nexxen logo are trademarks of Nexxen International Ltd. in the United States and other countries. All other trademarks are the property of their respective owners. The use of the word “partner” or “partnership” in this press release does not mean a legal partner or legal partnership.

FAQ

How many shares did Nexxen (NEXN) repurchase in August 2025?

Nexxen repurchased 460,000 Ordinary Shares at an average price of $9.82 during August 2025.

What is the size of Nexxen's new share repurchase program?

Nexxen plans to initiate a new $20 million Ordinary Share repurchase program after completing its current program.

How many shares does Nexxen (NEXN) have outstanding as of August 2025?

As of August 31, 2025, Nexxen had 57,657,924 Ordinary Shares outstanding, excluding treasury shares.

How much money remains in Nexxen's current share buyback program?

Approximately $2.7 million remains under Nexxen's current share repurchase program authorization.

When did Nexxen announce its new $20 million buyback program?

Nexxen announced the planned $20 million share repurchase program on August 15, 2025.