Saga Communications repurchases 2.8% of outstanding shares for $2.1M

SAGA COMMUNICATIONS INC

Repurchased 184,215 shares at $11.50 per share in a privately negotiated transaction.
Aggregate purchase price of ~$2.1 million; shares returned to treasury and cancelled.
Repurchase represents 2.8% of 6,556,621 shares outstanding as of December 11, 2025.
CFO Samuel Bush cited commitment to shareholder value and disciplined capital allocation.
Transaction closed December 12, 2025; seller was an accredited investor.

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