Tranche Update on Saga Communications, Inc.'s Equity Buyback Plan announced on August 10, 1998.
March 16, 2023 at 04:06 pm EDT
Share
From October 1, 2022 to December 31, 2022, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 1,605,874 shares, representing 24.67% for $52.77 million under the buyback announced on August 10, 1998.
Saga Communications, Inc. is a broadcast company. The Company is primarily engaged in acquiring, developing, and operating broadcast properties. The Company owns approximately 79 frequency modulation (FM), 34 AM radio stations, and 80 metro signals serving over 27 markets, including Asheville, Bellingham, Brattleboro, Bucyrus, Champaign, Charleston, Charlottesville, Clarksville, Columbus, Des Moines, Greenfield, Harrisonburg, Hilton Head Island, Ithaca, Jonesboro, Keene, Manchester, Mitchell, Norfolk, Ocala, Northampton, Portland, Spencer, Springfield, and Yankton. The radio stations that the Company owns and/or operates employ a variety of programming formats, including Classic Hits, Adult Hits, Top 40, Country, Country Legends, Mainstream/Hot/Soft Adult Contemporary, Pure Oldies, Classic Rock, and News/Talk. Its stations broadcast primarily in small to mid-size markets.
SAGA COMMUNICATIONS, INC. 
