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

Rhea-AI Summary

Nexxen (NASDAQ: NEXN) repurchased 495,000 shares in December 2025 at an average price of $6.63. As of Dec 31, 2025, the company had 56,284,083 ordinary shares outstanding (excluding treasury) and about $7.5 million remaining under its current repurchase authorization.

The company received authorization, after a 30-day creditor objection period and lender consent, to begin a new share repurchase program of up to $40 million once the current program completes. Repurchased shares will be reclassified as dormant treasury shares without rights. The company said the program may be suspended, modified, or discontinued and will provide an update when the new program commences.

Positive

• Authorized new $40 million share repurchase program
• Repurchased 495,000 shares in December 2025 at $6.63 average
• Approximately $7.5 million remaining under current authorization

Negative

• Repurchased shares will be reclassified as dormant treasury shares without rights
• New program may be suspended, modified or discontinued at any time

Key Figures

Shares repurchased 495,000 shares Repurchased during December 2025

Average repurchase price $6.63 per share December 2025 buybacks

Shares outstanding 56,284,083 shares Outstanding as of December 31, 2025 (excl. treasury)

Remaining authorization $7.5 million Under current repurchase program as of Dec 31, 2025

New repurchase program $40 million Maximum size of newly authorized buyback program

Creditor objection period 30 days Required under Israeli rules before new program authorization

52-week high $21.88 Pre-news 52-week high price

52-week low $6.08 Pre-news 52-week low price

Market Reality Check

$6.32 Last Close

Volume Volume 244,487 is below the 20-day average of 368,658, suggesting muted pre-news activity. low

Technical Shares at $6.54 are trading below the $9.08 200-day MA and 70.11% under the 52-week high of $21.88.

Peers on Argus

While NEXN was down 1.06% pre-announcement, key peers like CCO and ADV showed gains of 2.31% and 2.6%, pointing to stock-specific factors rather than a sector-wide move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 29	AGM postponement	Neutral	+0.8%	Rescheduled 2025 AGM to give shareholders more time to review materials.
Dec 26	AGM proposal update	Neutral	+0.6%	Supplemental proxy updating board and compensation proposals ahead of AGM.
Dec 11	Product enhancement	Positive	-0.1%	Added measurement and optimization, including Auto Allocate, to Nexxen Health.
Dec 09	Conference participation	Neutral	+2.0%	Announced participation and fireside chat at Raymond James TMT conference.
Dec 05	Conference notice	Neutral	-0.6%	Outlined logistics for Raymond James conference appearance and webcast access.

Pattern Detected

Recent corporate and product updates have generally seen modest, mixed single-day reactions, with no consistent pattern of strong moves on routine disclosures.

Recent Company History

This announcement follows a series of operational and corporate updates in late 2025. Nexxen communicated conference participation on Dec 9, new product initiatives such as Nexxen Sports and Nexxen Health in early-to-mid December 2025, and multiple communications around its 2025 Annual General Meeting in late December. Those items produced relatively small price moves, suggesting the market had been treating such updates as incremental rather than transformational. Today’s buyback-focused news fits into that pattern of ongoing capital allocation and governance communication.

Market Pulse Summary

This announcement details Nexxen’s continued capital return via repurchases, including 495,000 shares bought in December 2025 at an average of $6.63 and a newly authorized $40 million buyback to follow the current program. Prior buyback updates and authorizations have been a recurring theme, indicating an ongoing capital-allocation framework rather than a one-off event. Investors may focus on the remaining $7.5 million under the current authorization, the timing of the new program’s start, and how these actions interact with overall liquidity and strategic needs.

Key Terms

share repurchase program financial

"to initiate a new share repurchase program (the “new program”) of up to $40 million"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

treasury shares financial

"Ordinary Shares outstanding (excluding treasury shares), and approximately $7.5 million"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

creditor objection period regulatory

"following the expiration of a 30-day creditor objection period and consent"

A creditor objection period is a set window of time after a bankruptcy filing or a formal proposal during which lenders, suppliers or other parties owed money can file objections to the proposed plan, payments or asset sales. Think of it like a public comment period where creditors can raise disputes that may change who gets paid, how much they receive, or delay the deal — making it important for investors because objections can alter expected recoveries, timing and risk.

dormant shares regulatory

"Any shares repurchased under the new program will be reclassified as dormant shares"

Dormant shares are stock certificates that exist on a company’s records but are not actively traded or participating in market activity—they may be held long-term, restricted, suspended, or simply left inactive. Think of them like parked cars in a garage: they don’t affect daily traffic now, but if they re-enter the road they can change congestion. For investors, dormant shares matter because their sudden sale or reactivation can increase supply, affect liquidity, change price volatility, and alter ownership or voting power.

israeli companies law regulatory

"reclassified as dormant shares under the Israeli Companies Law and held in treasury"

Israeli Companies Law is the main statute that sets the rules for forming, running and dissolving corporations in Israel, covering directors’ duties, shareholder rights, company reporting and corporate governance. Investors care because it defines who makes decisions, what information companies must share, and how disputes or transactions are handled — like the rulebook for a club that determines how members vote, get information, and protect their stake.

blackout periods regulatory

"may be suspended, modified or discontinued at any time, subject to applicable law, and outside of blackout periods"

Blackout periods are specific times when employees, executives, or insiders are restricted from buying or selling a company's stock. These periods often occur around important announcements or financial reporting to prevent unfair advantage or insider trading. For investors, blackout periods matter because they can temporarily limit the ability to trade shares, affecting how and when they can respond to new information.

demand-side platform technical

"technology stack comprises a demand-side platform (“DSP”) and supply-side platform"

A demand-side platform is an automated tool advertisers use to buy digital ad space across many websites and apps in real time, combining audience data, budgets and bidding rules to decide where and when ads appear. It matters to investors because DSPs make ad spending more efficient and measurable—improving targeting, lowering wasted spend and enabling faster scaling—so businesses that operate or rely on them can show stronger revenue efficiency and more predictable marketing returns.

supply-side platform technical

"technology stack comprises a demand-side platform (“DSP”) and supply-side platform (“SSP”)"

A supply-side platform is an online tool publishers use to sell their digital advertising space automatically to the highest bidders across many ad networks and buyers. For investors, an SSP matters because it determines how efficiently publishers convert audience attention into revenue, influences ad pricing and margins, and signals competitive strength or risk in companies that depend on programmatic advertising — like the marketplace software that matches supply with demand.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 02, 2026 (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 repurchased 495,000 shares at an average price of $6.63 during December 2025.

As of December 31, 2025, Nexxen had 56,284,083 Ordinary Shares outstanding (excluding treasury shares), and approximately $7.5 million remaining under its current share repurchase authorization.

The Company has also received authorization, following the expiration of a 30-day creditor objection period and consent from its bank lenders, to initiate a new share repurchase program (the “new program”) of up to $40 million, as announced on November 20, 2025, which is scheduled to begin upon completion of its current program. The new program reflects the Company’s ongoing commitment to returning capital to shareholders and enhancing long-term shareholder value.

Under the new program, Nexxen will not be obligated to repurchase any specific number of shares, and the program may be suspended, modified or discontinued at any time, subject to applicable law, and outside of blackout periods. Any shares repurchased under the new program will be reclassified as dormant shares under the Israeli Companies Law and held in treasury without rights.

The Company will provide an update when the new program commences.

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.

FAQ

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

Nexxen repurchased 495,000 shares in December 2025.

What was the average price per share for Nexxen (NEXN) repurchases in December 2025?

The average repurchase price was $6.63 per share.

How much remains under Nexxen's current repurchase authorization as of Dec 31, 2025?

About $7.5 million remained under the current authorization as of Dec 31, 2025.

When will Nexxen (NEXN) begin its new $40 million repurchase program?

The new $40 million program is scheduled to begin upon completion of the current program; the company will provide a start update.

Will shares repurchased under Nexxen's new program have shareholder rights?

No; any shares repurchased under the new program will be reclassified as dormant treasury shares without rights.

Are there any conditions that could delay or stop Nexxen's new repurchase program?

Yes; the company said the new program may be suspended, modified or discontinued and began only after creditor and lender clearance.