Madison Square Garden Entertainment Corp. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds On March 29, 2023, the Company’s Board of Directors authorized a share repurchase program to repurchase up to $250 million of the Company’s Class A Common Stock (the “Stock Repurchase Program”). Pursuant to the Stock Repurchase Program, shares of Class A Common Stock may be purchased from time to time in open market or private transactions, block trades or such other manner as the Company may determine in accordance with applicable insider trading and other securities laws and regulations. The timing and amount of purchases will depend on market conditions and other factors. For the nine months ended March 31, 2025, the Company repurchased 1,117,601 shares of Class A Common Stock for approximately $40 million. As of March 31, 2025, the Company had approximately $70 million remaining available for repurchases under the Stock Repurchase Program. The following table provides information with respect to the Company’s purchases of its Class A Common Stock during the quarter ended March 31, 2025: Period Total Number of Shares Purchased Average Price Paid per Share (a) Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Fair Value of Shares that May Yet Be Purchased Under the Program January 2025 — $ — — $ 84,488,503 February 2025 — — — 84,488,503 March 2025 436,008 33.70 436,008 69,796,313 436,008 $ 33.70 436,008 $ 69,796,313 _________________ (a) The average price paid per share excludes excise tax. Item 6. Exhibits (a) Index to Exhibits EXHIBIT NO. DESCRIPTION 10.1 Employment Agreement, dated as of April 7, 2025, between Madison Square Garden Entertainment Corp. and David Collins (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on April 9, 2025). † 31.1 Certification by the Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 31.2 Certification by the Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 32.1 Certification by the Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. * 32.2 Certification by the Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. * 101 The following materials from the Madison Square Garden Entertainment Corp. Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, formatted in Inline Extensible Business Reporting Language (iXBRL): (i) condensed consolidated balance sheets, (ii) condensed consolidated statements of operations, (iii) condensed consolidated statements of comprehensive income, (iv) condensed consolidated statements of cash flows, (v) condensed consolidated statements of equity (deficit), and (vi) notes to condensed consolidated financial statements. 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 formatted in Inline XBRL and contained in Exhibit 101. _________________ † This exhibit is a management contract or a compensatory plan or arrangement. * Furnished herewith. These exhibits shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that Section. Such exhibits shall not be deemed incorporated into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934. 35 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on the 6th day of May 2025. Madison Square Garden Entertainment Corp. By: /s/ LAYTH TAKI Name: Layth Taki Title: Senior Vice President, Controller and Principal Accounting Officer 36