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.
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- Global Expansion: Signature Aviation plans to construct a new General & Business Aviation Terminal at Guanacaste Airport in Costa Rica, marking a significant growth step in Latin America and expected to enhance ground handling experiences for private aviation travelers.
- Facility Upgrade: The new terminal will feature premium amenities including a VIP lounge, conference room, and dedicated customs clearance, aimed at attracting high-net-worth clients and boosting the airport's international competitiveness.
- Job Creation: The project is expected to create substantial local employment opportunities during both the construction and operational phases, further driving economic development and tourism in Costa Rica.
- Sustainable Development: The new facility will incorporate sustainable design elements, reflecting Costa Rica's environmental mindfulness while enhancing the region's image as a high-end sustainable travel destination.
- 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.

- Executive Presentation: Saga Communications' CEO Christopher S. Forgy and CFO Samuel D. Bush will present at the Noble Capital Markets conference in Boca Raton, FL on December 3, 2025, which is expected to draw significant investor interest in the company's future prospects.
- Investor Interaction Opportunities: The conference will offer scheduled 1x1 meetings with management, aimed at strengthening connections with qualified investors, thereby enhancing the company's visibility and appeal in the capital markets.
- Diverse Business Model: Operating in 28 markets, Saga Communications provides radio, digital, e-commerce, and local online news services to meet the growing advertising needs, showcasing its diversified strategy within the media industry.
- Forward-Looking Statements: The company’s announcement includes forward-looking statements that emphasize expectations for future performance while cautioning investors about potential market risks and uncertainties that could impact actual results.
Major Earnings Announcements: Key companies reporting earnings before the market opens on Thursday include Viatris, Moderna, ConocoPhillips, Datadog, and AstraZeneca PLC.
Additional Earnings Releases: A wide range of other companies are also set to release their earnings before Thursday's market open, including numerous lesser-known firms across various sectors.
Earnings Season Calendar: For a comprehensive view of the earnings season, Seeking Alpha provides a full calendar detailing all upcoming earnings announcements.
Market Impact: These earnings reports are crucial as they can significantly influence market trends and investor sentiment.
Sale of Tower Sites: Saga Communications, Inc. has sold 22 tower sites to GTC Uno, LLC for approximately $10.7 million, allowing Saga to continue using the towers without cash lease payments. The sale closed on October 17, 2025, and was effective from October 1, 2025.
Use of Proceeds: The company plans to use part of the proceeds from the sale to fund stock buybacks, with the specifics of the buyback program to be determined by the Board as plans develop.

Earnings Release Announcement: Saga Communications, Inc. will release its 3rd Quarter 2025 results on November 6, 2025, at 9:00 a.m. EST, followed by a conference call at 11:00 a.m. EST.
Inquiries and Financial Measures: Participants can submit questions via email by 10:00 a.m. EST on the same day, and the earnings release will include non-GAAP financial measures with reconciliations to GAAP measures.







