Nexstar Ups Dividend, Sets $1B Share Repurchase

It OKs a 25% increase in quarterly cash dividend to $0.70 per share and authorizes repurchase up to $1 billion of its Class A common stock.

AT&T Scraps $4B Share Repurchase Plan

AT&T has decided to forgo its $4 billion accelerated share repurchase plan, citing the coronavirus pandemic as a time to “to maintain flexibility and focus on continued investment in serving our customers, taking care of our employees and enhancing our network, including nationwide 5G.”

Scripps Declares Dividend, Share Repurchase

Scripps shareholders of record as of March 16 will receive 5 cents per share, payable on March 25. The company also authorized a share repurchase program of up to $100 million of Class A shares running through March 1, 2022.

Sinclair Making $1B Share Repurchase

Chris Ripley, Sinclair president-CEO: “It is unfortunate that Tribune Media Co. terminated our merger agreement. Nonetheless, we strongly believe in the long term outlook of our company and disagree with the market’s current discounted view on our share price.”

Nexstar To Repurchase $100 Million Of Shares

The action follows $48.7 million of share repurchases in this year’s second quarter that depleted the balance of a prior $100 million authorization.

Media General OKs $120M Share Repurchase

The  company said it expects  to  fund  the  share  repurchase  by  using  the  approximately  $120  million  of  cash proceeds  from  the  sale  of  WJAR Providence, R.I.

Fisher OKs Share Repurchase Program

The company will buy back up to $15 million in shares of common stock next year.

TWC Sets $4B Share Repurchase, Dividend Hike