TEGNA Announces Quarterly Dividend
February 21 2024 - 3:15PM
Business Wire
TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular
quarterly dividend of 11.375 cents per share, payable on April 1,
2024, to stockholders of record as of the close of business on
March 8, 2024.
About TEGNA
TEGNA Inc. (NYSE: TGNA) is an innovative media company that
serves the greater good of our communities. Across platforms, TEGNA
tells empowering stories, conducts impactful investigations and
delivers innovative marketing solutions. With 64 television
stations in 51 U.S. markets, TEGNA is the largest owner of top 4
network affiliates in the top 25 markets among independent station
groups, reaching approximately 39 percent of all television
households nationwide. TEGNA also owns leading multicast networks
True Crime Network and Quest. TEGNA offers innovative solutions to
help businesses reach consumers across television, digital and
over-the-top (OTT) platforms, including Premion, TEGNA’s OTT
advertising service. For more information, visit www.TEGNA.com.
Forward-Looking Statements
This communication includes forward-looking statements within
the meaning of the “safe harbor” provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. When used in this
communication, the words “believes,” “estimates,” “plans,”
“expects,” “should,” “could,” “outlook,” and “anticipates” and
similar expressions as they relate to the Company or its financial
results are intended to identify forward-looking statements.
Forward-looking statements in this communication may include,
without limitation, statements regarding anticipated growth rates
and the Company's plans, objectives and expectations.
Forward-looking statements are based on a number of assumptions
about future events and are subject to various risks, uncertainties
and other factors that may cause actual results to differ
materially from the views, beliefs, projections and estimates
expressed in such statements, many of which are outside the
Company’s control. These risks, uncertainties and other factors
include, but are not limited to, risks and uncertainties related
to: changes in the market price of the Company's shares, general
market conditions, constraints, volatility, or disruptions in the
capital markets; the possibility that the Company's share
repurchases, including through ASR programs, may not enhance
long-term stockholder value; the possibility that share repurchases
could increase the volatility of the price of the Company's common
stock; legal proceedings, judgments or settlements; the response of
customers, suppliers and business partners to the Company's plans,
operations and business as a stand-alone company; the Company's
ability to re-price or renew subscribers; potential regulatory
actions; changes in consumer behaviors and impacts on and
modifications to TEGNA's operations and business relating thereto;
and economic, competitive, governmental, technological and other
factors and risks that may affect the Company's operations or
financial results, which are discussed in our Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. Any forward-looking
statements in this communication should be evaluated in light of
these important risk factors. The Company is not responsible for
updating the information contained in this communication beyond the
published date, or for changes made to this press release by wire
services, Internet service providers or other media.
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version on businesswire.com: https://www.businesswire.com/news/home/20240221784169/en/
For media inquiries, contact: Anne Bentley Vice
President, Chief Communications Officer 703-873-6366
abentley@TEGNA.com
For investor inquiries, contact: Julie Heskett Senior
Vice President, Chief Financial Officer 703-873-6747
investorrelations@TEGNA.com
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