Nexstar Board Asks Shareholders For Declassification As Dividend Comes


The Board of Directors for the nation’s largest licensee of broadcast television stations — and WGN-AM in Chicago — has asked its shareholders to approve an amendment to its corporate charter that would directly impact the board itself.

The request comes concurrent to word that the Nexstar Media Group board has OK’d a new share repurchase program and has declared a rather generous quarterly cash dividend.

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