Nexxen Announces September 2025 Share Repurchase Program Summary

Rhea-AI Summary

Nexxen International (NASDAQ: NEXN), a global advertising technology platform, has provided an update on its share repurchase activities for September 2025. The company repurchased 456,215 Ordinary Shares at an average price of $9.59 per share.

The repurchases were executed under two programs: a recently completed $50 million program and a new $20 million program that commenced on September 19, 2025. As of September 30, 2025, Nexxen had 57,603,622 Ordinary Shares outstanding (excluding treasury shares) with approximately $18.3 million remaining under its current authorization. The new repurchase program will continue until March 19, 2026, or until completion.

Positive

• Active share repurchase program demonstrates confidence in company's financial position
• Significant buyback capacity remaining with $18.3 million available for future repurchases
• Extended repurchase timeline until March 2026 provides flexibility in execution

Negative

• Average repurchase price of $9.59 indicates potential stock price weakness
• Reduction in cash reserves due to buyback program could limit future strategic investments

Insights

Financial Analyst

Nexxen's share repurchase program signals confidence in valuation while reducing share count to potentially boost per-share metrics.

Nexxen's repurchase of 456,215 shares at $9.59 per share during September reflects strategic capital allocation decisions aimed at creating shareholder value. The company completed its $50 million program and immediately launched a new $20 million authorization, with $18.3 million still remaining as of month-end. This systematic approach to buybacks demonstrates management's ongoing commitment to returning capital to shareholders.

The timing and execution of these repurchases deserve attention. By reducing its outstanding share count to 57.6 million shares, Nexxen is effectively concentrating ownership for remaining shareholders, potentially enhancing earnings per share and other per-share metrics. The $9.59 average purchase price also reveals management's assessment of fair value—they're essentially investing corporate cash into the company's own equity at current market levels.

This buyback activity indicates two important signals: first, management likely believes shares are undervalued at current prices; second, they view share repurchases as a more attractive use of capital than alternative investments or holding cash. With the new program authorized to continue until March 2026, investors can expect this shareholder-friendly capital return strategy to remain in place for the foreseeable future, creating a potential floor for the stock price while enhancing shareholder returns through reduced share count.

NEW YORK, Oct. 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 456,215 Ordinary Shares at an average price of $9.59 during September 2025. These repurchases were made under the Company’s recently completed $50 million Ordinary Share repurchase program and its newly launched $20 million program, which began on September 19, 2025.

As of September 30, 2025, Nexxen had 57,603,622 Ordinary Shares outstanding (excluding treasury shares) and approximately $18.3 million remaining under its current share repurchase authorization. Nexxen’s $20 million Ordinary Share repurchase program is expected to continue until the earlier of March 19, 2026, or completion.

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 September 2025?

Nexxen repurchased 456,215 Ordinary Shares at an average price of $9.59 during September 2025.

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

Nexxen launched a new $20 million share repurchase program on September 19, 2025, with $18.3 million remaining as of September 30, 2025.

When will Nexxen's current share buyback program end?

The current $20 million share repurchase program will continue until the earlier of March 19, 2026, or until the program is completed.

How many outstanding shares does Nexxen (NEXN) have?

As of September 30, 2025, Nexxen had 57,603,622 Ordinary Shares outstanding, excluding treasury shares.

What is Nexxen's core business?

Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a unified technology stack including demand-side (DSP) and supply-side platforms (SSP).