TEGNA Inc. Enters Into $300 Million Accelerated Share Repurchase Agreement
Receives 8,640,452 TEGNA shares from Standard General in satisfaction of $136 million termination fee Tysons, Va. – TEGNA Inc. (NYSE: TGNA) today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with JPMorgan Chase Bank, National Association (“JPMorgan”). Plans for the ASR and a 20% increase to the Company’s regular quarterly dividend …