Tegna INC

Market Movers (8-K)

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TEGNA Inc. has completed its acquisition by Nexstar Media Group, Inc., with TEGNA shareholders receiving $22.00 per share in cash.
TEGNA Inc. announced its fourth quarter and full-year 2025 financial results, confirming it met or exceeded guidance and is on schedule for its $6.2 billion acquisition by Nexstar Media Group.
TEGNA Inc. shareholders have voted to adopt the merger agreement with Nexstar Media Group, moving the acquisition closer to completion.
TEGNA Inc. has filed supplemental disclosures to its definitive proxy statement for the Nexstar merger in response to multiple shareholder lawsuits alleging misleading information.
Delay expected
Worse than expected
TEGNA Inc. announced its third quarter 2025 financial results, reporting a 19% revenue decrease, while providing an update on its pending $6.2 billion acquisition by Nexstar Media Group, expected to close by the second half of 2026.
Worse than expected
TEGNA Inc. announced that the Department of Justice issued a Second Request for information regarding its proposed merger with Nexstar Media Group, extending the regulatory review period.
Worse than expected
Delay expected

Quarterly Earnings (10-Q)

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TEGNA Inc. reports a significant decline in Q3 2025 net income and revenue, primarily due to the cyclical absence of political advertising and macroeconomic headwinds, while progressing towards its merger with Nexstar.
Worse than expected
TEGNA Inc. reported a 5% revenue decrease and a 17% drop in net income for Q2 2025, primarily driven by the cyclical decline in political advertising and macroeconomic headwinds.
Worse than expected
TEGNA Inc.'s Q1 2025 revenue decreased by 5% year-over-year, primarily due to a decline in political advertising revenue.
Worse than expected
TEGNA Inc. saw a significant increase in revenue and net income in the third quarter of 2024, primarily driven by a surge in political advertising revenue.
Better than expected
TEGNA Inc. experienced a decrease in revenue for the second quarter of 2024, primarily due to declines in subscription and advertising revenue, partially offset by a significant increase in political advertising revenue.
Worse than expected
TEGNA Inc. reported a significant increase in net income for the first quarter of 2024, driven by a gain on an investment sale and share repurchases, despite a slight decrease in overall revenue.
Better than expected

Annual Reports (10-K)

TEGNA Inc. reports a significant decline in 2025 revenues and net income, primarily due to cyclical political advertising and ongoing challenges in the TV advertising market, as it progresses towards a merger with Nexstar Media Group.
Worse than expected
TEGNA Inc.'s 2024 10-K filing reveals a 7% increase in revenue, primarily driven by political advertising, despite declines in subscription and AMS revenue.
TEGNA Inc.'s 10-K filing details its financial performance, strategic initiatives, and commitment to returning capital to shareholders.
Worse than expected

Insider Trading (Form 4)

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TEGNA's SVP and Chief Growth Officer, Thomas R. Cox, converted all his TEGNA common stock, RSUs, PSUs, and phantom share units into cash at $22.00 per share following the merger with Nexstar Media Group.
TEGNA Director Stuart J. Epstein disposed of all common stock and restricted stock units following the company's merger with Nexstar Media Group, Inc. at $22.00 per share.
TEGNA Director Scott K. McCune reported the disposition of all his common stock, restricted stock units, and phantom share units following the company's merger with Nexstar Media Group, Inc. at $22.00 per share.
TEGNA Director Neal Shapiro converted all his common stock, restricted stock units, and phantom share units into cash following the merger with Nexstar Media Group.
TEGNA's President and CEO, Michael F. Steib, reported the disposition of all his TEGNA common stock, restricted stock units, and performance shares following the company's merger with Nexstar Media Group.
TEGNA Director Melinda Witmer disposed of all her common stock, restricted stock units, and phantom share units following the company's merger with Nexstar Media Group at $22.00 per share.

Proxy Statements (Def-14A)

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TEGNA Inc. filed supplemental disclosures to its definitive proxy statement to address shareholder lawsuits alleging misleading information regarding its merger with Nexstar Media Group.
Delay expected
TEGNA Inc. is urging stockholders to vote in favor of the proposed merger with Nexstar Media Group, Inc. at a special meeting scheduled for November 18, 2025.
The U.S. Department of Justice has issued a Second Request for additional information regarding the proposed merger between TEGNA Inc. and Nexstar Media Group, Inc., extending the regulatory review period.
Worse than expected
Delay expected
TEGNA Inc. stockholders are invited to a special meeting on November 18, 2025, to vote on the proposed all-cash acquisition by Nexstar Media Group, Inc. for $22.00 per share.
Better than expected
Capital raise
Delay expected
TEGNA announced its agreement to be acquired by Nexstar Media Group, aiming to accelerate its digital transformation and strengthen local news.
Nexstar Media Group will acquire TEGNA Inc. for $22.00 per share in cash, a 31% premium, creating a leading local media company.
Better than expected
Delay expected
Capital raise

Schedule 13G - Passive Investments

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Dimensional Fund Advisors LP reports 0.0% beneficial ownership of TEGNA Inc. common stock as of March 31, 2026, disclaiming beneficial ownership.
The Vanguard Group has amended its Schedule 13G for TEGNA Inc., reporting 0% beneficial ownership following an internal realignment.
The Vanguard Group has reported an increased beneficial ownership in TEGNA Inc., now holding 11.56% of the common stock.
BlackRock, Inc. reported an increased beneficial ownership of 14.6% in TEGNA INC common stock, holding over 23.5 million shares as of September 30, 2025.
Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors, Inc., and Joe M. Thomson have jointly filed an amended Schedule 13G, disclosing a combined beneficial ownership of 1.31% of Tegna Inc.'s common stock as of March 31, 2025.
Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson have jointly reported a passive beneficial ownership of 5.76% in TEGNA INC's common stock as of December 31, 2024.