NEXSTAR MEDIA GROUP, INC.
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
As of December 31, 2024, the remaining available amount under the share repurchase authorization was $1.6 billion, which includes the $1.5 billion increase to the share repurchase program authorized by Nexstar’s Board of Directors on July 26, 2024. During the three months ended March 31, 2025, Nexstar repurchased a total of 441,164 shares of its common stock for $75 million, funded by cash on hand. As of March 31, 2025, the remaining available amount under the share repurchase authorization was $1.5 billion.
The following is a summary of Nexstar’s repurchases of its common stock by month during the quarter ended March 31, 2025 (in millions, except for share and per share information):
| Total Number of Shares · Approximate Dollar Value | ||||
|---|---|---|---|---|
| Purchased as Part of · of Shares That May Yet Be | ||||
| Total Number | Average Price | Publicly Announced | Purchased Under the | |
| of Shares Purchased | Paid per Share | Plans or Programs | Plans or Programs | |
| January 3 to 31, 2025 | 92,159 | $155.81 | 92,159 | $1,537 |
| February 3 to 7, 2025 | 20,423 | $153.75 | 20,423 | 1,534 |
| March 4 to 28, 2025 | 328,582 | $174.98 | 328,582 | 1,477 |
| 441,164 | $169.99 | 441,164 | ||
From April 1, 2025 to May 8, 2025, we repurchased 209,915 shares of our common stock for $32 million, funded by cash on hand. As of the date of filing this Quarterly Report on Form 10-Q, the remaining available amount under the share repurchase authorization was $1.4 billion.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.