Nexxen Announces January 2026 Share Repurchase Program Summary
Rhea-AI Summary
Nexxen (NASDAQ: NEXN) repurchased 412,088 shares at an average price of $6.18 during January 2026 and had 56,070,588 ordinary shares outstanding as of January 31, 2026. Approximately $5.0 million remains under the current authorization.
The company said it has authorization to begin a $40 million new share repurchase program after the current program ends; repurchased shares under the new program would be held as dormant treasury shares under Israeli law.
Positive
- January repurchase of 412,088 shares at $6.18 average
- Approximately $5.0 million remaining under current authorization
- Board authorized a new $40 million repurchase program
Negative
- New program may be suspended, modified, or discontinued at any time
- Repurchased shares under new program will be dormant with no rights
News Market Reaction
On the day this news was published, NEXN gained 0.49%, reflecting a mild positive market reaction. Argus tracked a trough of -13.9% from its starting point during tracking. Our momentum scanner triggered 18 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $337M at that time. Trading volume was above average at 1.6x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NEXN was up 2.49% while peers were mixed: ADV up 8.88%, CCO, ANTE, CRTO down and QNST flat, indicating stock-specific dynamics rather than a unified sector move.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 02 | Buyback summary | Positive | -3.4% | December 2025 repurchases and approval of new $40M program. |
| Dec 01 | Buyback summary | Positive | +0.8% | November 2025 repurchases and progress toward new $40M program. |
| Nov 20 | Buyback authorization | Positive | +2.0% | Company sought authorization for new $40M repurchase program. |
| Nov 03 | Buyback summary | Positive | +2.3% | October 2025 repurchases and remaining authorization update. |
| Oct 01 | Buyback summary | Positive | -3.9% | September 2025 repurchases under $50M and $20M programs. |
Past buyback announcements usually saw modest moves, with three positive and two negative 24h reactions, suggesting mixed but often constructive trading around capital-return updates.
Over recent months, Nexxen has issued a series of buyback updates, detailing steady repurchases and evolving authorizations. Prior releases from Sep–Dec 2025 highlighted multiple programs, including a new authorization of up to $40 million and regular monthly reductions in ordinary shares outstanding. Price reactions to these buyback-tagged events have been mixed, with three positive and two negative sessions, showing that while capital returns are recurring, market responses have not been uniformly favorable.
Historical Comparison
In the past five buyback-tagged releases, NEXN’s average 24h move was about 2.47%, indicating typically modest reactions to repurchase updates.
Buyback news progressed from monthly activity updates toward securing and implementing a new $40 million repurchase authorization alongside ongoing reductions in shares outstanding.
Market Pulse Summary
This announcement details Nexxen’s January 2026 buyback activity, including 412,088 shares repurchased at an average of $6.18, updated share count of 56,070,588, and roughly $5.0 million remaining under the current authorization. It also reiterates plans for a new repurchase program of up to $40 million. Investors may track monthly repurchase volumes, remaining capacity, and timing of the new program’s commencement relative to prior buyback communications.
Key Terms
blackout periods regulatory
demand-side platform technical
supply-side platform technical
AI-generated analysis. Not financial advice.
NEW YORK, Feb. 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 412,088 shares at an average price of
As of January 31, 2026, Nexxen had 56,070,588 Ordinary Shares outstanding (excluding treasury shares), and approximately
As previously disclosed, the Company has received authorization to initiate a new share repurchase program (the “new program”) of up to
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.