Nexxen (NASDAQ: NEXN) repurchased 496,981 shares in February 2026 at an average price of $6.02. As of February 28, 2026, the company had 55,720,779 ordinary shares outstanding and approximately $2.0 million remaining under its current repurchase authorization.
The company has authorization for a $40 million new repurchase program that will begin after the current program ends; repurchased shares under the new program will be held as dormant treasury shares under Israeli law.
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Positive
496,981 shares repurchased in February 2026
$6.02 average price per share repurchased
Authorized $40 million new repurchase program
Negative
Only $2.0 million remaining under current authorization
New program may be suspended or modified, creating execution uncertainty
Shares under new program will be dormant treasury shares without rights
News Market Reaction – NEXN
+0.47%
+0.47%Session close to close
In the Mar 2 session, NEXN gained 0.47%, reflecting a mild positive market reaction.
This announcement details continued execution of Nexxen’s share repurchase program, with 496,981 sha...
Analysis
This announcement details continued execution of Nexxen’s share repurchase program, with 496,981 shares bought in February 2026 at an average of $6.02 and 55,720,779 shares outstanding at month-end. It also reiterates plans for a new buyback authorization of up to $40 million. Historical buyback updates have produced modest price reactions, so investors may watch future disclosures on repurchase pace, remaining authorization, and upcoming earnings results for additional context.
Key Figures
Shares repurchased:496,981 sharesAverage repurchase price:$6.02Shares outstanding:55,720,779 shares+2 more
Reported October 2025 repurchases and disclosed remaining buyback authorization.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Buyback-related headlines have typically produced modest moves, with an average same-tag reaction of about 0.45%, skewing slightly positive but with occasional negative responses.
Recent Company History
Recent Nexxen news shows a consistent capital-return theme. Since October 2025, the company has reported monthly buyback updates, including a new repurchase authorization of up to $40 million. Share count and remaining authorization have steadily declined from over 57 million shares and $13.9 million capacity. Price reactions to these buyback disclosures have mostly been mildly positive, with one notable negative move on the December 2025 summary and new-program approval.
"announced that it repurchased 496,981 shares at an average price of $6.02 during"
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 sharesfinancial
"Ordinary Shares outstanding (excluding treasury shares), and approximately $2.0 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.
israeli companies lawregulatory
"reclassified as dormant shares under the Israeli Companies Law and held in"
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.
dormant sharesregulatory
"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.
demand-side platformtechnical
"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 platformtechnical
"comprises a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the"
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.
NEW YORK, March 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 496,981 shares at an average price of $6.02 during February 2026.
As of February 28, 2026, Nexxen had 55,720,779 Ordinary Shares outstanding (excluding treasury shares), and approximately $2.0 million remaining under its current share repurchase authorization.
As previously disclosed, the Company has received authorization to initiate a new share repurchase program (the “new program”) of up to $40 million, which is scheduled to begin upon completion of its current program. 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, 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
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.
FAQ
How many shares did Nexxen (NEXN) repurchase in February 2026 and at what price?
Nexxen repurchased 496,981 shares in February 2026 at an average price of $6.02. According to the company, this purchase was part of its ongoing repurchase program and reduces outstanding free float, subject to treasury classification rules.
What is Nexxen's (NEXN) outstanding share count as of February 28, 2026?
As of February 28, 2026, Nexxen had 55,720,779 ordinary shares outstanding (excluding treasury shares). According to the company, this figure reflects shares outstanding after February repurchases and excludes dormant treasury holdings.
How much authorization remains under Nexxen's (NEXN) current repurchase program?
Approximately $2.0 million remained under Nexxen's current repurchase authorization as of February 28, 2026. According to the company, that remaining capacity will be used before the new $40 million program begins.
What are the terms of Nexxen's (NEXN) new $40 million repurchase program?
The new program authorizes up to $40 million in repurchases but does not obligate the company to buy any specific shares. According to the company, purchases may be suspended, modified or discontinued and repurchased shares become dormant treasury shares.
Will shares repurchased under Nexxen's (NEXN) new program be cancelled or held in treasury?
Shares repurchased under the new program will be reclassified as dormant shares and held in treasury without rights. According to the company, these shares will not carry shareholder rights while held as dormant treasury shares.