NEW YORK, Nov. 20, 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 that it is seeking authorization to initiate a new Ordinary Share repurchase program (“new repurchase program”) for up to $40 million, which would commence following the completion of its current program. The new repurchase program is intended to capitalize on what the Company believes is a compelling opportunity to acquire its Ordinary Shares at a discounted valuation, reflecting confidence in its long-term prospects.

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.

Assuming no creditor objections within the 30-day period, and receipt of the required lender approvals, Nexxen would be permitted to initiate the new repurchase program. The new repurchase program would not require the Company to repurchase a specific number of Ordinary Shares, and it may be suspended, modified, or discontinued at any time, subject to applicable law, and outside of blackout periods. Any Ordinary Shares repurchased under the new repurchase program will be reclassified as dormant shares under the Israeli Companies Law and held in treasury without rights.

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.

As of October 31, 2025, Nexxen had 57,086,122 Ordinary Shares outstanding (excluding treasury shares) and approximately $13.9 million remaining under its current share repurchase authorization.

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 plans with respect to its cash reserves, capital allocation plans generally, and 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.