Nexstar Media Group Declares Quarterly Cash Dividend, Announces New $1.5 Billion Share Repurchase Authorization and Plan to Declassify Board Of Directors
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.