03:12 PM EDT, 04/05/2024 (MT Newswires) -- Gray Television ( GTN ) said Friday it recently paid about $53.8 million of its debt, comprising loans maturing in 2026 and 2028.

The payments were for a $38.8 million term loan due 2026 and a total of $15 million in term loans due 2028, the company said.

The company expects to report its Q1 results in early May.

Shares of the company fell 1.9% lower in recent trading Friday.

Price: 5.99, Change: -0.12, Percent Change: -1.88