SAGA COMMUNICATIONS INC 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds We made no unregistered sales of equity securities during the quarter ended September 30, 2024. The following table summarizes our repurchases of our Class A Common Stock during the three months ended September 30, 2024. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number ​ Approximate ​ ​ ​ ​ ​ ​ ​ of ​ Dollar ​ ​ ​ ​ ​ ​ Shares ​ Value of ​ ​ ​ ​ ​ ​ Purchased ​ Shares ​ ​ Total ​ Average ​ as Part of ​ that May Yet be ​ ​ Number ​ Price ​ Publicly ​ Purchased ​ ​ of Shares ​ Paid per ​ Announced ​ Under the Period Purchased (1) Share Program Program (2) July 1 - July 31, 2024 ​ 715 ​ $ 15.36 ​ — ​ $ 17,965,746 August 1 - August 31, 2024 ​ — ​ $ — ​ — ​ $ 17,965,746 September 1 - September 30, 2024 ​ — ​ $ — ​ — ​ $ 17,965,746 Total 715 ​ $ — — ​ $ 17,965,746 ​ (1) All shares were purchased other than through a publicly announced plan or program. The shares were forfeited to the Company for payment of tax withholding obligations related to the vesting of restricted stock. (2) We have a Stock Buy-Back Program which allows us to purchase our Class A Common Stock. In February 2013, our Board of Directors authorized an increase in the amount committed to the Buy-Back Program from $60 million to approximately $75.8 million. ​ ​