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Dec 15, 2025 4:20 PM

Saga Communications, Inc. Repurchases 2.8% of Outstanding Shares

GROSSE POINTE FARMS, Mich., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company," "Saga" or "our") today announced that it repurchased 184,215 shares of its common stock for an aggregate purchase price of approximately $2.1 million, or $11.50 per share, through a privately negotiated transaction. The repurchased shares represent approximately 2.8% of the company's currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025. After closing, these shares were returned to treasury and are no longer outstanding.

Chief Financial Officer Samuel Bush commented, "We are pleased to announce the completion of a privately negotiated stock repurchase transaction, which ...