---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-035877"
form_type: "8-K"
ticker: "GTN"
cik: "0000043196"
company_name: "GRAY MEDIA, INC"
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T22:12:40.867231+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Gray Television reduces debt $519M YTD; authorizes $250M additional repurchases

## Summary
- Since Jan 1, 2024, reduced total debt principal by $519M; $278M reduction since Oct 1, 2024.
- Used $204M cash to repurchase $239M principal of various notes since Nov 8, 2024.
- Outstanding debt principal now $5.691B, down from $5.969B at Sep 30, 2024.
- Board increased repurchase authorization to $250M to buy back outstanding indebtedness.
- Expects meaningful reduction in cash interest expense going forward.

## SEC filing metadata
- accession: 0001437749-24-035877
- form_type: 8-K
- ticker: GTN
- cik: 0000043196
- company_name: GRAY MEDIA, INC
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43196/000143774924035877/0001437749-24-035877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43196/000143774924035877/gtn20241120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-035877
- JSON: https://secwatch.observer/filing/0001437749-24-035877.json
- Plain text: https://secwatch.observer/filing/0001437749-24-035877.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.