27 unchanged sentences
December 2 ̶ 26, 2024
−Removed: On July 27, 2022, our board of directors approved a new share repurchase program authorizing the Company to repurchase up to an additional $1.5 billion of its common stock, of which $1.258 billion remained available as of December 31, 2022.
−Removed: During the year ended December 31, 2023, Nexstar repurchased a total of 3,782,104 shares of its common stock for $605 million, funded by cash on hand, which were accounted for as treasury stock.
−Removed: As of December 31, 2023, the remaining available amount under the share repurchase authorization was $652 million.
−Removed: Share repurchases are executed from time to time in open market transactions, block trades or in private transactions, including through Rule 10b5-1 plans.
+Added: 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.
+Added: From January 1, 2025 to February 27, 2025, we repurchased 112,582 shares of our common stock for $17 million, funded by cash on hand.
+Added: As of the date of filing this Annual Report on Form 10-K, the remaining available amount under the share repurchase authorization was $1.5 billion.
+Added: Share repurchases are executed from time to time in open market transactions, block trades or in private transactions, including through Rule 10b5-1 and 10b-18 plans.
There is no minimum number of shares that Nexstar is required to repurchase.
16 unchanged sentences
Equity compensation plans not approved by security holders
−Removed: (1) The 1,232,959 securities to be issued consist of 244,068 outstanding stock options, with a weighted average exercise price of $47.17 and 988,891 time-based and performance-based restricted stock units.
+Added: (1) The 1,041,225 securities to be issued consist of time-based and performance-based restricted stock units.
+Added: All stock options were fully vested and exercised as of December 31, 2024.
For a more detailed description of our equity plans and grants, we refer you to Note 13 to the Consolidated Financial Statements included in Part IV, Item 15(a) of this Annual Report on Form 10-K.
2 unchanged sentences
Our peer group index consists of the following publicly traded companies:
−Removed: Gray Television, Inc., Tegna, Inc., Sinclair, Inc.
−Removed: (“Sinclair”), The E.W.
+Added: Gray Television Inc., TEGNA Inc., Sinclair, Inc., The E.W.
Scripps Company, Fox Corporation and Paramount Global.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.