Company: STGW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000876883-25-000017
Chunk: 126

Company: Stagwell Inc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 4
Chunk 126
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. The Company received no cash proceeds and no commissions were paid to any person in connection with the issuance of these shares.

Purchase of Equity Securities by the Issuer and Affiliated Purchasers

Under the Repurchase Program, share repurchases may be made at our discretion from time to time in open market transactions at prevailing market prices (including through trading plans that may be adopted in accordance with Rule 10b5-1 of the Exchange Act), in privately negotiated transactions, or through other means. The timing and number of shares repurchased under the Repurchase Program will depend on a variety of factors, including the performance of our stock price, general market and economic conditions, regulatory requirements, the availability of funds, and other considerations we deem relevant. The Repurchase Program may be suspended, modified or discontinued at any time without prior notice. The Board will review the Repurchase Program periodically and may authorize adjustments of its terms. Pursuant to its Credit Agreement (as defined and discussed in Note 8 of the Notes included herein) and the indenture governing the 5.625% Notes, the Company is currently limited as to the dollar value of shares it may repurchase in the open market.

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Table of Contents

The following table details our monthly shares repurchased during the first quarter of 2025 and the approximate dollar value of shares that may yet be purchased pursuant to the Repurchase Program:

PeriodTotal Number of Shares Purchased (1)Average Price Paid Per Share (1)Total Number of Shares Purchased as Part of Publicly Announced Program (2)Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program (2)1/1/2025 - 1/31/202546,218 $6.80 — $169,919,696 2/1/2025 - 2/28/202584,929 $6.30 — $169,919,696 3/1/2025 - 3/31/20251,738,525 $6.06 935,548 $164,219,943 Total1,869,672 $6.09 935,548 $164,219,943 

(1) Includes information for all shares repurchased by the Company, including shares repurchased as part of the Company’s publicly announced Repurchase Program, and 934,124 shares to settle employee tax withholding obligations related to the vesting of restricted stock awards and restricted stock units. Under