secwatch.observer — SEC 8-K summary
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Issuer:     SAGA COMMUNICATIONS INC (SGA)
CIK:        0000886136
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001104659-25-121212
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886136/000110465925121212/0001104659-25-121212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886136/000110465925121212/sga-20251212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-121212

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