MCLEAN, Va.--(BUSINESS WIRE)--Feb. 28, 2017--
TEGNA Inc.’s (NYSE: TGNA) Board of Directors today declared a dividend
of 14 cents per share, payable on April 3, 2017 to stockholders of
record as of the close of business on March 10, 2017.
On September 7, 2016, TEGNA announced its intention to spin-off Cars.com
from TEGNA, creating two independent publicly traded companies: TEGNA,
the largest independent broadcast station group among major network
affiliates in the top 25 markets, and Cars.com, a top online destination
in the digital automotive marketplace. TEGNA also announced that it is
evaluating strategic alternatives for CareerBuilder, a global leader in
human capital solutions. The spin-off is expected to take place in the
first half of 2017.
TEGNA Inc. (NYSE: TGNA) is comprised of a dynamic portfolio of media and
digital businesses that provide content that matters and brands that
deliver. TEGNA offers highly relevant, useful and smart content, when
and how people need it, to make the best decisions possible. TEGNA Media
includes 46 television stations (including those serviced by TEGNA) and
is the largest independent station group of major network affiliates in
the top 25 markets, reaching approximately one-third of all television
households nationwide. TEGNA Digital is comprised of Cars.com, the
leading online destination for automotive consumers, CareerBuilder, a
global leader in human capital solutions, and G/O Digital, a customized
local digital marketing company. For more information, visit www.tegna.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170228006745/en/
Source: TEGNA Inc.
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