Gray Television has a high-quality station portfolio that reaches 24 percent of U.S. television households, ranging from large markets such as Tampa-Sarasota, Cleveland, and Charlotte, to some of the smallest markets like Ottumwa, Fairbanks, and North Platte.
|Date/Time||Mar 25 2019 9:39AM|
|Change (%)||0.15 (0.7%)|
|52 Week High||23.45|
|52 Week Low||10.70|
Gray Television, Inc. announced today that we have entered into agreements to sell our Charlottesville, Virginia, television stations WCAV (CBS/FOX) and WVAW (ABC) to an affiliate of Lockwood Broadcasting, Inc. and to acquire WVIR (NBC) in Charlottesville from Waterman Broadcasting Corporation.
Gray Television, Inc. announced today that Greta Van Susteren has joined the Company as our Chief National Political Analyst.
Gray Television, Inc. today announces record results of operations for the three-months and full year ended December 31, 2018, including strong net income, record revenue and Broadcast Cash Flow (a non-GAAP financial measure, defined below). Our diluted net income per share for the fourth quarter of 2018 was $1.00. Excluding the $8.5 million of transaction costs discussed below, our adjusted diluted net income per share would have been $1.06 in the fourth quarter of 2018.
Gray Television, Inc. announced its appointment of two new leaders for the television stations it is acquiring from United Communications, Inc. ("United"). With this announcement, Gray fills both open positions with managers who have experience in small and mid-size television markets.
Gray Television, Inc. today announced that it will release its earnings results for the quarter ending December 31, 2018 on Thursday, February 28, 2019.
Gray Television, Inc. announced today that it has reached an agreement with United Communications to acquire United’s television stations for a total purchase price of $45 million. This acquisition will add more top performing television stations and two new markets to Gray’s growing portfolio: WWNY-TV (CBS) and WNYF-CD (FOX) in Watertown, New York (DMA 178) and KEYC-TV (CBS/FOX) in Mankato, Minnesota (DMA 199).
Gray Television is a group of innovators and thought leaders in our industry. Business leaders in our local economies and servant leaders in our communities. Our leadership team featured here provides the support and vision that empowers each member of our company to grow, thrive and deliver positive impact to those around us.
Frequently Asked Questions
How can I get on Gray's mailing list?
Please visit our Email Alerts page where you can sign up to receive automated alerts.
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Please visit our Information Request page to make your request.
Where are Gray's shares traded and what are Gray's stock ticker symbols?
Gray's Common Stock is traded on the New York Stock Exchange under the Symbol GTN. Gray's Class A Common Stock is traded on the New York Stock Exchange under the symbol GTN.A
What are the differences between the Company's Common Stock and Class A Common Stock?
Gray's Common Stock and Class A Common Stock are equal in all respects with regards to dividends and liquidation preferences. The only distinction between these two classes of common stock is voting rights. Holders of Common Stock are entitled to 1 vote per share, while holders of Class A Common Stock are entitled to 10 votes per share. In the event of liquidation, the holders of Common Stock and Class A Common Stock share with each other on a ratable basis as a single class in the net assets of the Company. While the disproportionate voting rights of the Common Stock relative to the Class A Common Stock may make the Company a less attractive target for a takeover bid, the Common Stock has certain rights that are intended to help reduce or eliminate any disparity in the prices at which the two classes of Common Stock might trade and to give holders of the Common Stock the opportunity to participate in any premium that might be paid for 100% of the Class A Common Stock.