Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 208

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 208
---
 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.

The following table details our monthly shares repurchased during the second 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)4/1/2025 - 4/30/20254,258,208 $5.63 2,747,373 $149,349,134 5/1/2025 - 5/31/20252,896,368 $5.15 2,891,590 $134,386,023 6/1/2025 - 6/30/20253,988,249 $4.49 3,988,249 $116,397,020 Total11,142,825 $5.10 9,627,212 $116,397,020 

(1) Includes information for all shares repurchased by the Company, including shares repurchased as part of the Company’s publicly announced Repurchase Program, and 1,515,613 shares to settle employee tax withholding obligations related to the 

68

vesting of restricted stock awards and restricted stock units. Under the Repurchase Program, which was announced in March 2022, was extended and increased in November 2024 and will expire on November 6, 2027, the Company may repurchase up to an aggregate of $375.0 million of shares of the Company’s Class A Common Stock.

(2) Only includes information for shares repurchased as part of the Company’s publicly announced Repurchase Program.

Item 3.    Defaults Upon Senior Securities

None.

Item 4.     Mine Safety Disclosures

Not applicable. 

Item 5.    Other Information

During the quarterly period