Company: SBAC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001034054-25-000002
Chunk: 19

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 9B
Chunk 19
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402)   (66,324)   25,118 Long-term lease liabilities   (141,214)   (138,699)   (129,471)Other liabilities   (123,251)   119,491    (33,143)Net cash provided by operating activities   1,334,866   1,544,393    1,285,700 CASH FLOWS FROM INVESTING ACTIVITIES:         Acquisitions   (299,811)   (129,961)   (1,176,092)Capital expenditures   (228,149)   (236,698)   (214,443)Purchase of investments   (1,800,683)   (1,339,026)   (881,781)Proceeds from sale of investments   1,536,750   1,338,354    878,138 Loan to unconsolidated joint venture   (11,100)   (100,494)   —Other investing activities   (6,317)   (421)   524 Net cash used in investing activities   (809,310)   (468,246)   (1,393,654)CASH FLOWS FROM FINANCING ACTIVITIES:         Borrowings under Revolving Credit Facility   370,000    190,000    975,000 Repayments under Revolving Credit Facility   (550,000)   (730,000)   (605,000)Proceeds from issuance of Term Loans, net of fees   2,280,565   —   —Repayment of Term Loans   (2,292,244)   (24,000)   (24,000)Proceeds from issuance of Tower Securities, net of fees   2,052,136   —   839,885 Repayment of Tower Securities   (620,269)   —   (640,000)Repurchase and retirement of common stock   (200,019)   (100,010)   (431,666)Payment of dividends on common stock   (424,191)   (369,960)   (306,766)Proceeds from employee stock purchase/stock option plans    35,986   44,196    38,303 Payments related to taxes on stock options and restricted stock units   (18,801)   (27,481