3 unchanged sentences
Our common stock trades on The NASDAQ Global Select Market (“NASDAQ”) under the symbol “NXST.”
−Removed: As of February 27, 2025, there were approximately 134,000 shareholders of record of our common stock, including shares held in nominee names by brokers and other institutions.
+Added: As of February 26, 2026, there were 256 shareholders of record of our common stock.
+Added: This number does not include beneficial owners whose shares are held in street name by banks, brokers or other nominee holders.
Pursuant to our current dividend policy, our board of directors declared in 2025, 2024 and 2023 total annual cash dividends of $7.44 per share, $6.76 per share and $5.40 per share, respectively, with respect to outstanding shares of our common stock.
The dividends were paid in equal quarterly installments.
−Removed: On January 29, 2025, our board of directors approved a 10% increase in the quarterly cash dividend to $1.86 per share of outstanding common stock beginning with the first quarter of 2025.
+Added: On January 30, 2026, our board of directors declared a quarterly cash dividend of $1.86 per share on our outstanding common stock payable on February 27, 2026 to stockholders of record on February 13, 2026.
Dividend determinations will depend upon, among other things, our future operations and earnings, targeted future acquisitions, capital requirements and surplus, general financial condition, contractual restrictions and other factors as our board of directors may deem relevant.
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Issuer Purchases of Equity Securities
−Removed: The following is a summary of Nexstar’s repurchases of its common stock by month during the fourth quarter of 2024 (in millions, except for share and per share information):
−Removed: Total Number of Shares
−Removed: Approximate Dollar Value
−Removed: Purchased as Part of
−Removed: of Shares That May Yet Be
−Removed: Average Price
−Removed: Publicly Announced
−Removed: Purchased Under the
−Removed: of Shares Purchased
−Removed: Paid per Share
−Removed: Plans or Programs
−Removed: Plans or Programs
−Removed: October 2 ̶ 31, 2024
−Removed: November 1 ̶ 29, 2024
−Removed: December 2 ̶ 26, 2024
−Removed: 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.
−Removed: 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.
−Removed: 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: There was no common stock repurchased during the quarter ended December 31, 2025.
+Added: As of December 31, 2025, the remaining available amount under the share repurchase authorization was $1.4 billion.
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.
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(1) The 950,297 securities to be issued consist of time-based and performance-based restricted stock units.
−Removed: 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.
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Our peer group index consists of the following publicly traded companies:
−Removed: Gray Television Inc., TEGNA Inc., Sinclair, Inc., The E.W.
−Removed: Scripps Company, Fox Corporation and Paramount Global.
+Added: Gray Media, Inc., TEGNA Inc., Sinclair, Inc., The E.W.
+Added: Scripps Company, Fox Corporation and Paramount Skydance Corporation.
The graph assumes the investment of $100 in our common stock and in both of the indices on December 31, 2020, with the reinvestment of dividends into shares of our common stock or the indices, as applicable.
3 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.