Stagwell repurchases 23.3M shares at $6.43, reducing outstanding by 8.1%

Stagwell Inc

Repurchased 23,328,154 Class A shares from AlpInvest Partners B.V. at $6.43 per share.
Repurchased shares retired, reducing outstanding Class A common shares by approximately 8.1%.
Following repurchase, outstanding stock: 114,497,949 Class A shares and 151,648,741 Class C shares.
Transaction previously announced in May 9, 2023 Form 8-K; closed on May 23, 2023.

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