TEGNA is a media company. Co.'s business provides television programming and digital content. Co. also owns multicast networks True Crime Network, Twist and Quest. Each television station also has digital presence across online, mobile and social platforms. Co. provides advertising and marketing services, which include local and national non-political television advertising, digital marketing services (including Premion), and advertising on stations' websites, tablet and mobile products and; political advertising; and other services, such as production of programming, tower rentals and distribution of Co.'s local news content. We show 56 historical shares outstanding datapoints in our TGNA shares outstanding history coverage, used to compute TGNA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TGNA market cap history over the course of time is important for investors
interested in comparing TGNA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TGNA versus a peer is one thing; comparing
TGNA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TGNA can fluctuate over the course of history.
With this page we aim to empower investors researching TGNA by allowing them to research the TGNA market cap history. |
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Video: The Importance of Market Cap
