GROSSE POINTE FARMS, Mich., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company,” “Saga” or “our”) today announced that it repurchased 184,215 shares of its common stock for an aggregate purchase price of approximately $2.1 million, or $11.50 per share, through a privately negotiated transaction. The repurchased shares represent approximately 2.8% of the company’s currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025. After clo ...

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]