Saga Communications Repurchases 184,215 Shares for $2.1 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Source: Globenewswire
- Stock Buyback Completed: Saga Communications repurchased 184,215 shares of common stock for approximately $2.1 million at $11.50 per share through a privately negotiated transaction, demonstrating the company's confidence in its long-term strategy and financial strength.
- Significant Share Proportion: The repurchased shares represent about 2.8% of the company's currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025, indicating the company's flexibility in managing its capital structure and commitment to shareholder value.
- Capital Allocation Strategy: CFO Samuel Bush noted that this buyback reflects the company's ongoing commitment to shareholders and emphasizes the importance of disciplined capital allocation to generate meaningful returns for all stakeholders.
- Market Service Expansion: Operating in 28 markets, Saga Communications provides radio, digital, e-commerce, and local online news services to meet the growing advertising needs, further solidifying its position in the media industry.
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Analyst Views on SGA
Wall Street analysts forecast SGA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SGA is 18.00 USD with a low forecast of 18.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 11.490
Low
18.00
Averages
18.00
High
18.00
Current: 11.490
Low
18.00
Averages
18.00
High
18.00
No data
About SGA
Saga Communications, Inc. is a media company engaged in acquiring, developing, and operating broadcast properties with a focus on opportunities complimentary to its core radio business, including digital, e-commerce and non-traditional revenue initiatives. The Company owns or operates broadcast properties in about 28 markets, including 82 frequency modulation (FM) and 31 amplitude modulation (AM) radio stations, and 79 metro signals. The radio stations that it owns and/or operates employ a variety of programming formats, including Classic Hits, Country, Classic Country, Hot/Soft/Urban Adult Contemporary, Oldies, Classic Rock, Rock, and News/Talk. It operates in markets, including Asheville, Bellingham, Brattleboro, Bucyrus, Champaign, Charleston, Charlottesville, Clarksville, Columbus, Des Moines, Harrisonburg, Hilton Head Island, Jonesboro, Manchester, and Milwaukee, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Saga Communications Repurchases 184,215 Shares for $2.1 Million
- Stock Buyback Completed: Saga Communications repurchased 184,215 shares of common stock for approximately $2.1 million at $11.50 per share through a privately negotiated transaction, demonstrating the company's confidence in its long-term strategy and financial strength.
- Significant Share Proportion: The repurchased shares represent about 2.8% of the company's currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025, indicating the company's flexibility in managing its capital structure and commitment to shareholder value.
- Capital Allocation Strategy: CFO Samuel Bush noted that this buyback reflects the company's ongoing commitment to shareholders and emphasizes the importance of disciplined capital allocation to generate meaningful returns for all stakeholders.
- Market Service Expansion: Operating in 28 markets, Saga Communications provides radio, digital, e-commerce, and local online news services to meet the growing advertising needs, further solidifying its position in the media industry.
Continue Reading