Nexxen Announces March 2026 Share Repurchase Program Summary
Rhea-AI Summary
Nexxen (NASDAQ:NEXN) reported repurchasing 224,229 shares at an average price of $7.10 during March 2026 and had 56,876,930 shares outstanding (ex-treasury) as of March 31, 2026. The Company completed its $20 million repurchase program and said it will stop monthly repurchase reports tied to its prior AIM listing requirements. Nexxen announced a new repurchase program of up to $40 million and intends to implement that program and related reporting in accordance with applicable laws and regulations.
Positive
- Completed $20 million share repurchase program
- Announced new repurchase authorization of up to $40 million
- Repurchased 224,229 shares in March 2026 at $7.10 average
- Shares outstanding 56,876,930 as of March 31, 2026
Negative
- Company will discontinue monthly repurchase reports, reducing reporting frequency
- New $40 million program increases near-term cash deployment
News Market Reaction – NEXN
On the day this news was published, NEXN gained 0.15%, reflecting a mild positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $544K to the company's valuation, bringing the market cap to $363.30M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NEXN was down 0.61% pre-news with mixed peers: ADV at -23.17%, ANTE at -4.92%, QNST at -2.52%, CCO flat, and CRTO up 1.41%, pointing to stock-specific rather than broad sector action.
Market Pulse Summary
This announcement details Nexxen’s completion of a $20 million share repurchase program, including 224,229 shares bought in March 2026 at an average of $7.10, leaving 56,876,930 shares outstanding. The company also introduced a new authorization of up to $40 million. Investors may track how aggressively this new program is used relative to the current price of $6.52 and Nexxen’s position near the lower half of its 52-week range.
Key Terms
demand-side platform technical
supply-side platform technical
AI-generated analysis. Not financial advice.
NEW YORK, April 01, 2026 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), the advertising technology platform powered by unique data and media, today announced that it repurchased 224,229 shares at an average price of
This monthly report reflects the completion of the Company’s
About Nexxen
Nexxen is the advertising technology platform that delivers full-funnel performance powered by unique data and media. Comprised of a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen Data Platform at its core, we meet the demands of today’s converging media landscape with exclusive audience intelligence, automation and expertise.
Headquartered in Israel, Nexxen maintains offices throughout North America, Europe and Asia-Pacific and is traded on Nasdaq (NEXN). For more information, please visit 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 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 4, 2026. 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.
FAQ
What are the terms of Nexxen's (NEXN) new repurchase program announced April 1, 2026?
Will Nexxen (NEXN) continue monthly repurchase reporting after April 2026?