Saga Communications Repurchases 2.8% of Outstanding Shares for $2.1 Million
ByAinvest
Monday, Dec 15, 2025 4:16 pm ET1min read
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Saga Communications repurchased 184,215 shares of its common stock for $2.1 million, representing about 2.8% of its outstanding shares. The repurchased shares were returned to treasury and are no longer outstanding. The company's CFO, Samuel Bush, said the transaction reflects Saga's confidence in its long-term strategy and financial strength, providing greater flexibility to manage its capital structure.
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