Nexstar Media Group Increases Quarterly Cash Dividend by 25 Percent and Announces $1.0 Billion Share Repurchase Authorization
Nexstar Media Group, Inc. announced that its Board of Directors approved a 25 percent increase in the quarterly cash dividend to $0.70 per share. The Board of Directors also approved a new share repurchase program authorizing the Company to repurchase up to $1.0 billion of its Class A common stock.