SHENANDOAH TELECOMMUNICATIONS CO/VA/
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
SHEN$10.21+5.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
(in thousands)
| Redeemable Noncontrolling Interest · Common Stock | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares (no par value) | Additional Paid in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total Shareholders' Equity | |
| Balance, December 31, 2022 | — | — | 50,110 | $57,453 | $580,554 | $— | $638,007 |
| Net income | — | — | — | — | 8,038 | — | 8,038 |
| Unrealized gain on interest rate hedge, net of tax | — | — | — | — | — | 1,668 | 1,668 |
| Dividends declared | — | — | — | — | (4,523) | — | (4,523) |
| Stock-based compensation | — | — | 231 | 10,823 | — | — | 10,823 |
| Common stock issued | — | — | 2 | 44 | — | — | 44 |
| Shares surrendered for settlement of employee taxes upon issuance of vested equity awards | — | — | (71) | (1,387) | — | — | (1,387) |
| Balance, December 31, 2023 | — | — | 50,272 | 66,933 | 584,069 | 1,668 | 652,670 |
| Net income | — | — | — | — | 193,817 | — | 193,817 |
| Unrealized gain on interest rate hedge, net of tax | — | — | — | — | — | 1,850 | 1,850 |
| Amounts reclassified from accumulated other comprehensive income | — | — | — | — | — | (1,665) | (1,665) |
| Dividends declared | — | — | — | — | (5,460) | — | (5,460) |
| Stock-based compensation | — | — | 319 | 10,651 | — | — | 10,651 |
| Common stock issued | — | — | 4,103 | 71,876 | — | — | 71,876 |
| Shares surrendered for settlement of employee taxes upon issuance of vested equity awards | — | — | (89) | (1,727) | — | — | (1,727) |
| Issuance of redeemable noncontrolling interest, net of financing fees paid | 81 | 79,380 | — | — | — | — | — |
| Preferred stock dividends - paid in kind | — | 3,084 | — | — | (3,084) | — | (3,084) |
| Preferred stock dividends - participating | — | — | — | — | (345) | — | (345) |
| Balance, December 31, 2024 | 81 | 82,464 | 54,605 | 147,733 | 768,997 | 1,853 | 918,583 |
| Net loss | — | — | — | — | (32,943) | — | (32,943) |
| Unrealized gain on interest rate hedge, net of tax | — | — | — | — | — | 126 | 126 |
| Amounts reclassified from accumulated other comprehensive income | — | — | — | — | — | (1,979) | (1,979) |
| Dividends declared | — | — | — | — | (6,038) | — | (6,038) |
| Stock-based compensation | — | — | 375 | 10,463 | — | — | 10,463 |
| Common stock issued | — | — | 3 | 55 | — | — | 55 |
| Shares surrendered for settlement of employee taxes upon issuance of vested equity awards | — | — | (84) | (1,035) | — | — | (1,035) |
| Preferred stock dividends - paid in kind | — | 6,042 | — | — | (6,042) | — | (6,042) |
| Preferred stock dividends - participating | — | — | — | — | (407) | — | (407) |
| Balance, December 31, 2025 | 81 | 88,506 | 54,899 | $157,216 | $723,567 | $— | $880,783 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.