Net Revenue Drives Record Q2 Operating Income of $333.4 Million, Net Income of $226.5 Million, Adjusted EBITDA of $486.3 Million and Free Cash Flow of $219.0 Million All-Time High Quarterly and Six Month Return of Capital to Shareholders of $284.3 Million and $479.5 Million, Respectively IRVING, Texas – August 4, 2022 – Nexstar Media Group, […]
Nexstar Media Group, Inc. announced that its Board of Directors has extended the employment agreement of Chief Executive Officer, Perry A. Sook, through March 31, 2026. In addition to his responsibilities as Chief Executive Officer, Mr. Sook also serves as the Company’s Chairman and he remains a top shareholder of the Company.
Nexstar Media Group announced that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its common stock and approved a new $1.5 billion share repurchase program. Nexstar’s Board also voted to recommend that shareholders approve an amendment to its corporate charter to declassify the Board of Directors.
IRVING, Texas (July 5, 2022) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2022 second quarter financial results on Thursday, August 4, 2022. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties […]
Refinancing Reduces Annual Interest Expense and Extends Maturities IRVING, TX (June 21, 2022) – Nexstar Media Group, Inc. (Nasdaq: NXST) (the “Company”) announced today that Nexstar Media Inc. (“Nexstar”), a wholly-owned subsidiary, has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit […]
Nexstar Media Group, Inc. and altafiber (formerly Cincinnati Bell Inc.) have reached a comprehensive multi-year distribution agreement covering WDTN-TV, the Nexstar television station serving Dayton, Ohio (DMA #64), and national cable news network, NewsNation.
Nexstar Media Group, Inc. announced that at its 2022 Annual Shareholders’ Meeting, shareholders voted in favor of all proposals recommended by the Board of Directors, including the amendment of the Company’s Amended and Restated Certificate of Incorporation to eliminate its Class B and Class C Common Stock classes.
IRVING, TX – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and CFO, will be participating in the Credit Suisse 24th Annual Communications Conference, including a fireside chat question-and-answer session on Wednesday, June 15, 2022 at 1:45 p.m. ET. A […]
Net Revenue Drives Q1 Operating Income of $329.4 Million, Net Income of $251.4 Million, Adjusted EBITDA of $642.7 Million and Free Cash Flow of $560.4 Million Returned $195.2 Million to Shareholders in the First Quarter in the Form of Share Repurchases and Dividends IRVING, Texas – May 10, 2022 – Nexstar Media Group, Inc. (NASDAQ: […]
Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its Class A common stock. The dividend is payable on Friday, May 27, 2022, to shareholders of record on Friday, May 13, 2022.