Nexxen International Ltd. repurchased 495,000 shares and plans a new $40 million share repurchase program.
Quiver AI Summary
Nexxen International Ltd. announced the repurchase of 495,000 shares at an average price of $6.63 in December 2025, leaving approximately $7.5 million available under its existing share repurchase authorization. The company has been authorized to initiate a new share repurchase program of up to $40 million, to commence after the current program ends. This initiative reflects Nexxen's commitment to returning capital to shareholders and enhancing long-term value. Shares repurchased under the new program will be classified as dormant and held in treasury. Nexxen, a global advertising technology platform, facilitates data-driven advertising for various partners and has a presence in multiple regions, continuing to focus on flexible solutions for advanced TV advertising.
Potential Positives
- Nexxen has demonstrated a commitment to returning capital to shareholders by repurchasing 495,000 shares, indicating confidence in its own stock value.
- The approval of a new share repurchase program of up to $40 million signals ongoing efforts to enhance long-term shareholder value.
- The company has approximately $7.5 million remaining under its current share repurchase authorization, showing effective capital management.
- With a robust technology platform, Nexxen appears well-positioned in the advertising technology space, potentially attracting more investors.
Potential Negatives
- The share repurchase program may signal a lack of investment opportunities for growth, potentially indicating that the company does not have more productive ways to utilize its capital.
- The authorization of the new share repurchase program comes after a creditor objection period, which may indicate underlying financial stress or negotiation challenges that could concern investors.
- The company has the discretion to suspend, modify, or discontinue the new share repurchase program at any time, which could lead to uncertainty regarding the effectiveness and reliability of returning capital to shareholders.
FAQ
What recent share repurchase did Nexxen announce?
Nexxen announced the repurchase of 495,000 shares at an average price of $6.63 in December 2025.
How many shares are outstanding for Nexxen as of December 31, 2025?
As of December 31, 2025, Nexxen had 56,284,083 Ordinary Shares outstanding, excluding treasury shares.
What is the value of Nexxen's new repurchase program?
The new share repurchase program has a value of up to $40 million, starting after the current program ends.
What do repurchased shares under the new program become?
Shares repurchased under the new program will be reclassified as dormant shares and held in treasury without rights.
Who can be contacted for more information about Nexxen?
For more information, Billy Eckert (Investor Relations) and Caroline Smith (Communications) can be contacted via their provided emails.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NEXN Hedge Fund Activity
We have seen 66 institutional investors add shares of $NEXN stock to their portfolio, and 57 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LOMBARD ODIER ASSET MANAGEMENT (USA) CORP removed 639,181 shares (-59.9%) from their portfolio in Q3 2025, for an estimated $5,912,424
- BRIDGEWAY CAPITAL MANAGEMENT, LLC added 435,163 shares (+inf%) to their portfolio in Q3 2025, for an estimated $4,025,257
- MARSHALL WACE, LLP removed 354,419 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $3,278,375
- G2 INVESTMENT PARTNERS MANAGEMENT LLC removed 260,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $2,405,000
- STATE STREET CORP added 251,703 shares (+74.5%) to their portfolio in Q3 2025, for an estimated $2,328,252
- JPMORGAN CHASE & CO removed 249,244 shares (-72.4%) from their portfolio in Q3 2025, for an estimated $2,305,507
- GRANAHAN INVESTMENT MANAGEMENT, LLC added 241,710 shares (+inf%) to their portfolio in Q3 2025, for an estimated $2,235,817
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NEXN Analyst Ratings
Wall Street analysts have issued reports on $NEXN in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Rosenblatt issued a "Buy" rating on 12/29/2025
- Citizens issued a "Market Outperform" rating on 11/14/2025
- RBC Capital issued a "Outperform" rating on 11/14/2025
- Canaccord Genuity issued a "Buy" rating on 11/14/2025
- BTIG issued a "Buy" rating on 11/13/2025
- Needham issued a "Buy" rating on 11/13/2025
To track analyst ratings and price targets for $NEXN, check out Quiver Quantitative's $NEXN forecast page.
$NEXN Price Targets
Multiple analysts have issued price targets for $NEXN recently. We have seen 6 analysts offer price targets for $NEXN in the last 6 months, with a median target of $12.0.
Here are some recent targets:
- Barton Crockett from Rosenblatt set a target price of $15.0 on 12/29/2025
- Matthew Swanson from RBC Capital set a target price of $12.0 on 11/14/2025
- Matthew Condon from Citizens set a target price of $12.0 on 11/14/2025
- Maria Ripps from Canaccord Genuity set a target price of $12.0 on 11/14/2025
- Tyler DiMatteo from BTIG set a target price of $10.0 on 11/13/2025
- Laura Martin from Needham set a target price of $9.0 on 11/13/2025
Full Release
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
[email protected]
Caroline Smith, Vice President of Communications
[email protected]
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.