BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Polaris Capital Management, LLC's Holding History (CIK: 0001316926)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 33,700 Value ($000) $2,339 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 36,400 Value ($000) $2,242 Avg Close $57.38 Range $54.13 - $60.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	33,700	$2,339	$66.47	$58.20 - $73.32
Q3 2025	36,400	$2,242	$57.38	$54.13 - $60.96