TEGNA Inc.: What Is The Revenue Boost Expected From The Political Advertising Revenue Potential? 

TEGNA reported a mixed set of results for the first quarter, reflecting both challenges and progress in several areas. The company successfully achieved its key guidance metrics and made headway with its strategic initiatives. The acquisition of Octillion was a significant milestone, as it began integrating into Premion, enhancing the local advertiser experience. TEGNA also made substantial progress towards its $350 million capital return commitment for 2024, returning over $100 million to shareholders through share repurchases and dividends. The Board approved a 10% increase in the regular quarterly dividend, reinforcing the company’s commitment to shareholder value.