Nexstar Media (NXST) Declares $1.69 Quarterly Dividend; Approves $1.5B Buyback Plan

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Go back to Nexstar Media (NXST) Declares $1.69 Quarterly Dividend; Approves $1.5B Buyback Plan

Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share, Announces New $1.5 Billion Share Repurchase Authorization

July 26, 2024 7:00 AM EDT

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, August 23, 2024, to shareholders of record on Friday, August 9, 2024. In addition, The Board of Directors also approved a new share repurchase program authorizing the Company to repurchase up to $1.5 billion of its common stock. The new share repurchase authorization is in addition to Nexstars existing share repurchase program... More