08:10 AM EDT, 08/15/2025 (MT Newswires) -- Nexxen International ( NEXN ) said Friday that it is seeking authorization to launch a new $20 million ordinary stock buyback plan, which will begin after the company's current program is completed.

Nexxen ( NEXN ) said that as of July 31, the company had $7.2 million in shares remaining under its current stock buyback program, and that it expects the program to expire before Nov. 19.

Additionally, the Israeli company said it mulls strategic opportunities to expand its monetizable data assets, improve its artificial intelligence offering, grow its core business operations in the US and globally, or tap new markets.