SBA COMMUNICATIONS CORP 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Issuer Purchases of Equity Securities The following table presents information related to our repurchases of Class A common stock during the third quarter of 2025: Total Total Number of Shares Approximate Dollar Value Number Average Purchased as Part of of Shares that May Yet Be of Shares Price Paid Publicly Announced Purchased Under the Period Purchased Per Share Plans or Programs (1) Plans or Programs 7/1/2025 - 7/31/2025 159,742 $ 227.80 159,742 $ 1,455,810,492 8/1/2025 - 8/31/2025 92,484 $ 216.25 92,484 $ 1,435,810,987 9/1/2025 - 9/30/2025 495,460 $ 197.25 495,460 $ 1,338,082,263 Total 747,686 $ 206.13 747,686 $ 1,338,082,263 (1) On April 27, 2025, our Board of Directors authorized a stock repurchase plan authorizing us to repurchase, from time to time, up to $1.5 billion of our outstanding Class A common stock (the “Repurchase Plan”). As of the date of this filing, we had $1.3 billion of authorization remaining under the Repurchase Plan. The Repurchase Plan has no expiration and will continue until otherwise modified or terminated by our Board of Directors at any time in its sole discretion.