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 June 30, 2025. The following table summarizes our repurchases of our Class A Common Stock during the three months ended June 30, 2025. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 Share Program Program (1) April 1 - April 30, 2025 ​ — ​ $ — ​ — ​ $ 17,686,383 May 1 - May 31, 2025 ​ — ​ $ — ​ — ​ $ 17,686,383 June 1 - June 30, 2025 ​ — ​ $ — ​ — ​ $ 17,686,383 Total — ​ $ — — ​ $ 17,686,383 ​ (1) 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. ​ ​