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Saga Communications Repurchases 184,215 Shares


Saga Communications
Saga Communications

Saga Communications has completed a privately negotiated stock repurchase, buying back 184,215 shares of its common stock for approximately $2.1 million, or $11.50 per share.

The repurchased shares represent about 2.8% of Saga's outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025. Following the transaction, the shares were returned to treasury and are no longer outstanding.

Chief Financial Officer Samuel Bush said the repurchase reflects the company's approach to capital management and confidence in its long-term strategy. He noted that the transaction provides additional flexibility in managing Saga's capital structure while maintaining a focus on disciplined capital allocation.

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