secwatch.observer — SEC 8-K summary
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Issuer:     NEXSTAR MEDIA GROUP, INC. (NXST)
CIK:        0001142417
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000950170-24-088407
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nexstar declares $1.69 dividend, authorizes $1.5B buyback; adds IPG CFO to board
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- Quarterly dividend of $1.69 per share, payable Aug 23, 2024 to holders of record Aug 9, 2024.
- New $1.5B share repurchase authorization approved; $496M remained from prior July 2022 program as of May 8, 2024.
- Ellen Johnson (CFO of IPG) appointed to board effective Oct 1, 2024 as independent director; board expands to 10 members.
- Johnson brings advertising industry financial expertise; will stand for election at 2025 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1142417/000095017024088407/0000950170-24-088407-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1142417/000095017024088407/nxst-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-088407

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