Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 57

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 57
---
 2024111,965 $112 151,649 $2 $292,616 $16,771 $(17,931)$291,570 $438,354 $729,924 

(1) Distributions to noncontrolling interests include approximately $19.1 million to Class C Shareholders.

See Notes to the Unaudited Consolidated Financial Statements.

10

Table of ContentsSTAGWELL INC. AND SUBSIDIARIESUNAUDITED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - (continued)(amounts in thousands)

Six Months Ended June 30, 2024 Common Shares - Class A & BCommon Shares - Class CPaid-in CapitalRetained EarningsAccumulated Other Comprehensive LossStagwell Inc. Shareholders’ EquityNoncontrolling InterestsShareholders’ EquitySharesAmountSharesAmountBalance at December 31, 2023118,469 $118 151,649 $2 $348,494 $21,148 $(13,067)$356,695 $468,577 $825,272 Net loss— — — — — (4,247)— (4,247)(420)(4,667)Other comprehensive loss— — — — — — (4,863)(4,863)(7,762)(12,625)Total other comprehensive loss— — — — — (4,247)(4,863)(9,110)(8,182)(17,292)Distributions to noncontrolling interests (1)— — — — — — — — (21,074)(21,074)Purchases of noncontrolling interest— — — — (3,069)— — (3,069)(10,226)(13,295)Changes in redemption value of RNCI— — — — — (135)— (135)— (135)Restricted awards granted or vested3,101 3 — — 528 — — 531 — 531 Shares repurchased and cancelled (13,804)(14)— — (87,261)— — (87,275)— (87,275)Restricted shares forfeited(84)— — — — — — —