SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 4, 2018
(Exact name of Registrant as Specified in its Charter)
(State or other jurisdiction of
incorporation or organization)
7950 Jones Branch Drive
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Registrants telephone number, including area code
(Former name or former address, if changed since last report)
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Emerging growth company ☐
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|Item 7.01.|| |
Regulation FD Disclosure.
TEGNA Inc. (TEGNA or the Company) will be meeting with investors at a conference this week and providing full year 2018 political advertising guidance. The Company expects total political advertising revenue for 2018 to be in the range of $180 million to $200 million, a record for TEGNA in a non-presidential election year. TEGNAs previous record for a mid-term election was $160 million in 2014. TEGNA has a very strong footprint for this years mid-term elections, with both spending levels and the number of competitive races reaching new highs. The Companys anticipated 2018 full-year political advertising revenue reflects the critical role strong local broadcast stations play in political marketing strategies.
Safe Harbor for Forward-Looking Statements
Any statements contained in this communication that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements with respect to the expected financial results of the Company. Any forward-looking statements contained herein are based on Company managements current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause the Companys actual results or actions to differ materially from what is expressed or implied by these statements. These statements include, but are not limited to: our confidence in the future performance of the Company, the execution of our growth and capital allocation strategies and the realization of financial benefits from these strategies. Economic, competitive, governmental, technological and other factors and risks that may affect TEGNAs operations or financial results are discussed in the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2017, and in subsequent filings with the U.S. Securities and Exchange Commission. The Company disclaims any obligation to update these forward-looking statements other than as required by law.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Victoria D. Harker|
Executive Vice President and
Chief Financial Officer
Date: September 4, 2018