Core Viewpoint - Saga Communications, Inc. has declared a quarterly cash dividend of $0.25 per share, amounting to approximately $1.6 million, to be paid on March 20, 2026, to shareholders of record on February 26, 2026 [1][2]. Group 1: Dividend Information - The quarterly cash dividend of $0.25 per share will be funded by cash on the Company's balance sheet [1]. - Since the first special dividend in 2012, the Company has paid over $143 million in dividends to shareholders [1]. Group 2: Future Dividend Plans - The Company intends to declare regular quarterly cash dividends in the future and may also implement stock buybacks and declare special dividends as part of its capital allocation plan for fiscal year 2026 [2]. - The declaration and payment of any future dividends or stock buyback programs will be at the discretion of the Board, depending on financial results and other factors [2]. Group 3: Company Overview - Saga is a media company providing radio, digital, e-commerce, local online news, and non-traditional revenue initiatives, operating in 28 markets [3]. - The Company serves national, regional, and local advertisers to meet their advertising needs [3].

Core Viewpoint - Saga Communications, Inc. has repurchased 184,215 shares of its common stock for approximately $2.1 million, reflecting a commitment to shareholder value and confidence in its long-term strategy [1][2]. Group 1: Stock Repurchase Details - The repurchased shares were acquired at a price of $11.50 per share, representing about 2.8% of the company's outstanding common stock, which totals 6,556,621 shares as of December 11, 2025 [1]. - After the transaction, the repurchased shares were returned to treasury and are no longer outstanding [1]. Group 2: Management Commentary - The Chief Financial Officer, Samuel Bush, emphasized the importance of this stock repurchase as a demonstration of the company's financial strength and commitment to disciplined capital allocation [2]. - The transaction is intended to provide greater flexibility in managing the company's capital structure while aiming to generate meaningful returns for stakeholders [2]. Group 3: Company Overview - Saga Communications operates in the media sector, providing services such as radio, digital, e-commerce, and local online news across 28 markets [2]. - The company serves national, regional, and local advertisers, addressing their growing advertising needs [2].

Core Viewpoint - Saga Communications, Inc. has sold 22 tower sites to GTC Uno, LLC for approximately $10.7 million, allowing the company to continue using the towers without cash lease payments [1][2]. Group 1: Transaction Details - The sale of the tower sites closed on October 17, 2025, and was effective from October 1, 2025 [1]. - The proceeds from the sale will be partially used to fund stock buybacks, which may include various forms of repurchases at the discretion of the Board [2]. Group 2: Company Overview - Saga Communications operates in the media sector, providing services such as radio, digital, e-commerce, and local online news across 28 markets [3]. - The company caters to national, regional, and local advertisers to meet their advertising needs [3].

Core Viewpoint - Saga Communications, Inc. will present at the Noble Capital Markets' Emerging Growth Virtual Equity Conference on October 8, 2025, featuring a Q&A session with a senior analyst [1] Company Overview - Saga Communications is a media company focused on acquiring, developing, and operating broadcast properties, with an emphasis on enhancing its core radio business through digital, e-commerce, local online news services, and non-traditional revenue initiatives [2] - The company operates in 28 markets, owning or managing 82 FM and 31 AM radio stations, along with 79 metro signals [2] Noble Capital Markets Overview - Noble Capital Markets, established in 1984, is a full-service investment bank and advisory firm, registered with SEC/FINRA, known for its award-winning research team and proprietary investor distribution platform [3] - Over the past 40 years, Noble has raised billions of dollars for companies and published more than 45,000 equity research reports [3]