Company: IHETW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001400891-25-000009
Chunk: 77

Company: iHeartMedia, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 5
Chunk 77
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 than 4.99 percent of the Company's outstanding Class A common stock or total equity, or (b) the Company violating any provision of the Communications Act or restrictions on ownership or transfer imposed by the Company's certificate of incorporation or the decisions, rules and policies of the FCC. Any holder exercising Special Warrants must complete and timely deliver to the warrant agent the required exercise forms and certifications required under the special warrant agreement. There were 5,039,323 Special Warrants outstanding on February 24, 2025.

For more information regarding our Class A common Stock, Class B common stock and Special Warrants, refer to Note 9, Stockholders' Deficit, to our consolidated financial statements in Part II, Item 8 of this Annual Report on Form 10-K.

We currently have no intention to pay dividends on our Class A common stock at any time in the foreseeable future. Any decision to declare and pay dividends in the future will be made at the discretion of our Board and will depend on, among other things, our results of operations, financial condition, cash requirements, contractual restrictions and other factors that our Board may deem relevant.

30

Stock Performance Graph 

The following graph provides a comparison of the cumulative total returns, adjusted for any stock splits and dividends, for iHeartMedia, Inc., our Radio Index* and the Nasdaq Stock Market Index for the period from December 31, 2019 through December 31, 2024.

Indexed Stock Price Close 

(Price Adjusted for Stock Splits and Dividends)

Source: Yahoo Finance

12/31/1912/31/2012/31/2112/31/2212/31/2312/31/24iHeartMedia, Inc. 1,000 768 1,245 363 158 117 Peer Group Index(1)1,000 626 721 508 473 182 Nasdaq Stock Market Index1,000 1,436 1,744 1,166 1,673 2,152 

(1)We have constructed a peer group index comprised of other radio companies that includes Cumulus Media, Beasley Broadcast Group, and Sirius Holdings. Audacy, Inc. filed for bankruptcy and became a private company in 2024 and therefore is no longer included in our peer group.

31

Purchases of Equity Securities

The following table sets forth the purchases made during the quarter ended December 31, 2024 by or on behalf