Tremor International Ltd (AIM:TRMR) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its shares. The shares will be repurchased at a maximum price of no more than 105% of the average middle market closing price of a share on the AIM, for the five business days preceding the date of purchase.

The program will be funded through its existing cash resources/reserves. The repurchased shares will be reclassified as dormant shares under the Israeli Companies Law and will be held in treasury. The program will continue until either until June 18, 2024, or until it has been completed.