Audacy is a holding company. Through its subsidiaries, Co, is a media and entertainment company. Co.'s radio stations is engaged in the sale of advertising time to local, regional and national advertisers and national network advertisers who purchase commercials in varying lengths. Co. focuses on station-related digital product suites, which allow for audience interaction and participation, and integrated digital advertising solutions. Co.'s stations are classified by their format, such as news, sports, talk, classic rock, urban, adult contemporary, alternative and country, among others. Co. sells advertising at live and local events hosted by Co. and sells ticket and merchandise. The AUD stock yearly return is shown above.
The yearly return on the AUD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AUD annual return calculation with any dividends reinvested as applicable (on ex-dates).
|