Nexxen Announces November 2025 Share Repurchase Program Summary

Rhea-AI Summary

Nexxen (NASDAQ: NEXN) repurchased 427,500 ordinary shares at an average price of $7.11 during November 2025. As of November 30, 2025, the company had 56,669,327 ordinary shares outstanding (excluding treasury shares) and about $10.8 million remaining under its current repurchase authorization.

On November 20, 2025 Nexxen sought authorization for a new repurchase program of up to $40 million, which would begin after completion of the current program and following a mandatory 30-day Israeli creditor objection period and receipt of consent from the company’s bank lenders.

Positive

• Repurchased 427,500 shares in November 2025
• Average repurchase price of $7.11 per share
• Approximately $10.8M remaining under current authorization
• Seeking authorization for a new $40M repurchase program

Negative

• New program delayed until 30-day creditor objection period expires
• Commencement contingent on bank lender consent

Insights

Capital allocation analyst

Nexxen resumed material buybacks in November and seeks authorization for a larger program, signalling active capital return.

The company repurchased 427,500 ordinary shares at an average price of $7.11 in November 2025, leaving approximately $10.8 million available under the current authorization and 56,669,327 shares outstanding as of November 30, 2025. Share repurchases reduce outstanding share count and can increase per‑share metrics if earnings remain steady, so this is a direct capital‑allocation action aimed at returning cash to holders.

Key dependencies create conditionality: the proposed new $40 million program announced on November 20, 2025 cannot start until the Israeli 30‑day creditor objection period expires and until the company obtains consent from its bank lenders. Those two gating items are explicit hurdles that could delay or prevent the program’s launch.

Watch for three near‑term, monitorable items: resolution of creditor objections within the next 30 days, explicit lender consent (timing unknown), and updates quantifying further repurchases or remaining authorization changes. Observe these items over the coming month to quarter for clarity on the new program’s commencement and incremental shareholder impact.

NEW YORK, Dec. 01, 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 the Company repurchased 427,500 Ordinary Shares at an average price of $7.11 during November 2025.

As of November 30, 2025, Nexxen had 56,669,327 Ordinary Shares outstanding (excluding treasury shares) and approximately $10.8 million remaining under its current share repurchase authorization.

On November 20, 2025, the Company announced it is seeking authorization to initiate a new Ordinary Share repurchase program for up to $40 million, which would commence following the completion of its current program. As an Israeli company, Nexxen must comply with Israeli regulations requiring the Company to await the expiration of a 30-day creditor objection period before the new repurchase program can become effective. While Israeli court approval is not required, the program’s commencement is contingent upon receiving consent from the Company’s bank lenders.

The Company will provide an update upon the commencement of the new repurchase program (pending receipt of necessary approvals), or if there are any delays due to creditor objections or lack of lender consent.

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 November 2025?

Nexxen repurchased 427,500 ordinary shares in November 2025.

What was the average price Nexxen (NEXN) paid per share in November 2025?

The company paid an average of $7.11 per share during November 2025.

How many Nexxen (NEXN) shares were outstanding as of November 30, 2025?

There were 56,669,327 ordinary shares outstanding as of November 30, 2025.

How much remaining authorization does Nexxen (NEXN) have under its current buyback program?

Nexxen has approximately $10.8 million remaining under its current repurchase authorization.

What is Nexxen's (NEXN) proposed new share repurchase program and timeline?

Nexxen seeks authorization for up to $40 million; the program begins after the current program and after a 30-day creditor objection period plus lender consent.

Could Nexxen's (NEXN) new repurchase program be delayed?

Yes. The program is subject to a 30-day creditor objection process and requires lender consent, which could cause delays.