TEGNA (TGNA) Reports In-Line Q3 EPS

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TEGNA Inc. Reports Third Quarter 2023 Results and Provides Fourth Quarter Guidance

November 7, 2023 8:00 AM EST

Increases shareholder return of capital commitment to nearly $800 million this year through accelerated share repurchase (ASR) programs, settlement of merger termination fee, and incremental opportunistic repurchases in the open market

Completes initial $300 million ASR program on August 31, 2023, ahead of schedule

Completes multi-year affiliation agreement renewal with ABC

Achieves record third quarter subscription revenue and continues sequential improvement in advertising and marketing services revenue

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced financial results for the third quarter ended September 30,... More