Nexstar Media Group, Inc. is a diversified media company with television broadcasting, networks, and digital media assets operating in the U.S. It produces and distributes local and national news, sports, and entertainment content. The company operates through two main segments: Broadcast and The CW Network. The Broadcast segment includes TV stations, local websites, NewsNation (a national cable news network), two owned and operated digital multicast networks, other multicast network services, and WGN-AM radio in Chicago. The CW segment is a U.S. broadcast network. Additionally, Nexstar manages digital businesses focused on the national market and oversees certain real estate assets. We show 63 historical shares outstanding datapoints in our coverage of NXST's shares outstanding history.
Understanding the changing numbers of NXST shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like NXST versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching NXST by allowing them to research NXST shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
