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Saga Communications Repurchases 184,215 Shares For ~$2.1M Or $11.50 Per Share

Benzinga·12/15/2025 21:17:00
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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.