TEGNA Shareholders Re-elect Board Members, Approve Say on Pay; Board Declares Dividend
McLEAN, VA – Shareholders of TEGNA Inc. (NYSE: TGNA) today re-elected chairman Marjorie Magner, president and CEO Gracia Martore, Howard Elias, Lidia Fonseca, Jill Greenthal, Scott McCune, Henry McGee, Susan Ness, Bruce Nolop and Neal Shapiro to the Board of Directors at the annual meeting held at the company’s headquarters. The directors were elected to serve one-year terms ending at TEGNA’s annual meeting in 2017.
TEGNA’s shareholders also overwhelming approved, by approximately 96% of the votes cast, an advisory resolution on the compensation of the company’s named executive officers reported in the company’s 2016 proxy statement and ratified the appointment of Ernst & Young as the company’s independent accounting firm for the 2016 fiscal year.
The Board of Directors also declared a regular quarterly dividend of 14 cents per share, payable on July 1, 2016, to shareholders of record on June 3, 2016.
“We have worked hard to continue to deliver value to our shareholders while also better serving our clients, customers and consumers,” said Martore. “Our strong foundation of growing businesses is primed to capitalize on the expanding demand in the industries we serve. We will continue to grow our company and return capital to our shareholders.”
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 reaches more than 90 million Americans and delivers highly relevant, useful and smart content, when and how people need it, to make the best decisions possible. TEGNA Media includes 46 television stations 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 other powerful brands such as G/O Digital and Cofactor. For more information, visit www.TEGNA.com.
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