SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

PRICE T ROWE ASSOCIATES INC /MD/'s Holding History (CIK: 0000080255)

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

Q4 2025

Shares 68,126 Value ($000) $1 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 61,306 Value ($000) $1 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 59,933 Value ($000) $1 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 56,799 Value ($000) $1 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 53,668 Value ($000) $1 Avg Close $13.44 Range $12.01 - $16.28

Q3 2024

Shares 51,150 Value ($000) $1 Avg Close $16.52 Range $13.51 - $21.89

Q2 2024

Shares 50,528 Value ($000) $1 Avg Close $16.11 Range $11.87 - $19.32

Q1 2024

Shares 48,932 Value ($000) $1 Avg Close $19.38 Range $16.95 - $22.27

Q4 2023

Shares 40,295 Value ($000) $1 Avg Close $22.40 Range $20.02 - $25.51

Q3 2023

Shares 37,670 Value ($000) $1 Avg Close $20.48 Range $18.02 - $23.31

Q2 2023

Shares 57,973 Value ($000) $1 Avg Close $19.60 Range $18.20 - $21.00

Q1 2023

Shares 57,159 Value ($000) $1 Avg Close $18.68 Range $15.62 - $21.07

Q4 2022

Shares 56,595 Value ($000) $1 Avg Close $18.30 Range $15.63 - $22.79

Q3 2022

Shares 44,916 Value ($000) $765 Avg Close $21.33 Range $16.97 - $24.50

Q2 2022

Shares 35,846 Value ($000) $796 Avg Close $22.59 Range $17.06 - $25.93

Q1 2022

Shares 35,499 Value ($000) $837 Avg Close $22.57 Range $18.77 - $26.58

Q4 2021

Shares 28,966 Value ($000) $739 Avg Close $28.08 Range $24.44 - $32.71

Q3 2021

Shares 32,264 Value ($000) $1,019 Avg Close $38.05 Range $28.70 - $61.53

Q2 2021

Shares 30,409 Value ($000) $1,475 Avg Close $49.53 Range $46.00 - $51.82

Q1 2021

Shares 27,445 Value ($000) $1,340 Avg Close $45.77 Range $38.77 - $52.20

Q4 2020

Shares 27,452 Value ($000) $1,187 Avg Close $44.90 Range $42.31 - $48.01

Q3 2020

Shares 22,294 Value ($000) $991 Avg Close $50.97 Range $42.18 - $56.77

Q2 2020

Shares 18,680 Value ($000) $921 Avg Close $50.71 Range $44.04 - $59.93

Q1 2020

Shares 19,385 Value ($000) $955 Avg Close $44.42 Range $38.35 - $51.00

Q4 2019

Shares 580,603 Value ($000) $24,159 Avg Close $35.41 Range $29.61 - $41.73

Q3 2019

Shares 68,194 Value ($000) $2,167 Avg Close $35.06 Range $30.70 - $41.63

Q2 2019

Shares 69,170 Value ($000) $2,664 Avg Close $41.46 Range $36.40 - $45.27

Q1 2019

Shares 65,531 Value ($000) $2,907 Avg Close $46.93 Range $43.28 - $51.18

Q4 2018

Shares 63,794 Value ($000) $2,823 Avg Close $42.67 Range $34.74 - $51.41

Q3 2018

Shares 62,404 Value ($000) $2,418 Avg Close $35.63 Range $31.10 - $39.40

Q2 2018

Shares 74,135 Value ($000) $2,424 Avg Close $34.16 Range $29.93 - $39.65

Q1 2018

Shares 66,475 Value ($000) $2,393 Avg Close $33.27 Range $30.00 - $38.60

Q4 2017

Shares 58,584 Value ($000) $1,980 Avg Close $36.81 Range $32.55 - $41.80

Q3 2017

Shares 58,824 Value ($000) $2,188 Avg Close $33.93 Range $28.00 - $39.48

Q2 2017

Shares 72,824 Value ($000) $2,236 Avg Close $30.99 Range $27.28 - $33.05

Q1 2017

Shares 74,496 Value ($000) $2,090 Avg Close $27.65 Range $25.35 - $31.10

Q4 2016

Shares 59,186 Value ($000) $1,616 Avg Close $26.83 Range $22.05 - $30.20

Q3 2016

Shares 58,867 Value ($000) $1,602 Avg Close $32.10 Range $24.92 - $42.66

Q2 2016

Shares 22,620 Value ($000) $884 Avg Close $30.94 Range $25.69 - $39.11

Q1 2016

Shares 21,620 Value ($000) $578 Avg Close $22.98 Range $19.18 - $27.53

Q4 2015

Shares 11,460 Value ($000) $493 Avg Close $23.10 Range $19.63 - $25.67

Q3 2015

Shares 11,400 Value ($000) $488 Avg Close $18.93 Range $15.68 - $22.10

Q2 2015

Shares 11,400 Value ($000) $390 Avg Close $16.60 Range $15.04 - $18.79

Q1 2015

Shares 11,400 Value ($000) $355 Avg Close $15.28 Range $13.76 - $16.84

Q4 2014

Shares 11,400 Value ($000) $356 Avg Close $14.14 Range $11.84 - $16.00

Q3 2014

Shares 11,400 Value ($000) $283 Avg Close $14.04 Range $12.36 - $15.55

Q2 2014

Shares 11,400 Value ($000) $347 Avg Close $14.24 Range $12.61 - $16.38

Q1 2014

Shares 11,400 Value ($000) $368 Avg Close $13.41 Range $11.51 - $17.00

Q4 2013

Shares 11,400 Value ($000) $293 Avg Close $12.60 Range $11.10 - $14.57

Q3 2013

Shares 14,200 Value ($000) $342 Avg Close $9.63 Range $8.38 - $12.18

Q2 2013

Shares 14,200 Value ($000) $237 Avg Close $8.21 Range $6.92 - $8.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	68,126	$1	$11.83	$9.67 - $13.90
Q3 2025	61,306	$1	$13.74	$11.71 - $15.84
Q2 2025	59,933	$1	$12.69	$10.07 - $14.46
Q1 2025	56,799	$1	$11.76	$9.77 - $13.61
Q4 2024	53,668	$1	$13.44	$12.01 - $16.28
Q3 2024	51,150	$1	$16.52	$13.51 - $21.89
Q2 2024	50,528	$1	$16.11	$11.87 - $19.32
Q1 2024	48,932	$1	$19.38	$16.95 - $22.27
Q4 2023	40,295	$1	$22.40	$20.02 - $25.51
Q3 2023	37,670	$1	$20.48	$18.02 - $23.31
Q2 2023	57,973	$1	$19.60	$18.20 - $21.00
Q1 2023	57,159	$1	$18.68	$15.62 - $21.07
Q4 2022	56,595	$1	$18.30	$15.63 - $22.79
Q3 2022	44,916	$765	$21.33	$16.97 - $24.50
Q2 2022	35,846	$796	$22.59	$17.06 - $25.93
Q1 2022	35,499	$837	$22.57	$18.77 - $26.58
Q4 2021	28,966	$739	$28.08	$24.44 - $32.71
Q3 2021	32,264	$1,019	$38.05	$28.70 - $61.53
Q2 2021	30,409	$1,475	$49.53	$46.00 - $51.82
Q1 2021	27,445	$1,340	$45.77	$38.77 - $52.20
Q4 2020	27,452	$1,187	$44.90	$42.31 - $48.01
Q3 2020	22,294	$991	$50.97	$42.18 - $56.77
Q2 2020	18,680	$921	$50.71	$44.04 - $59.93
Q1 2020	19,385	$955	$44.42	$38.35 - $51.00
Q4 2019	580,603	$24,159	$35.41	$29.61 - $41.73
Q3 2019	68,194	$2,167	$35.06	$30.70 - $41.63
Q2 2019	69,170	$2,664	$41.46	$36.40 - $45.27
Q1 2019	65,531	$2,907	$46.93	$43.28 - $51.18
Q4 2018	63,794	$2,823	$42.67	$34.74 - $51.41
Q3 2018	62,404	$2,418	$35.63	$31.10 - $39.40
Q2 2018	74,135	$2,424	$34.16	$29.93 - $39.65
Q1 2018	66,475	$2,393	$33.27	$30.00 - $38.60
Q4 2017	58,584	$1,980	$36.81	$32.55 - $41.80
Q3 2017	58,824	$2,188	$33.93	$28.00 - $39.48
Q2 2017	72,824	$2,236	$30.99	$27.28 - $33.05
Q1 2017	74,496	$2,090	$27.65	$25.35 - $31.10
Q4 2016	59,186	$1,616	$26.83	$22.05 - $30.20
Q3 2016	58,867	$1,602	$32.10	$24.92 - $42.66
Q2 2016	22,620	$884	$30.94	$25.69 - $39.11
Q1 2016	21,620	$578	$22.98	$19.18 - $27.53
Q4 2015	11,460	$493	$23.10	$19.63 - $25.67
Q3 2015	11,400	$488	$18.93	$15.68 - $22.10
Q2 2015	11,400	$390	$16.60	$15.04 - $18.79
Q1 2015	11,400	$355	$15.28	$13.76 - $16.84
Q4 2014	11,400	$356	$14.14	$11.84 - $16.00
Q3 2014	11,400	$283	$14.04	$12.36 - $15.55
Q2 2014	11,400	$347	$14.24	$12.61 - $16.38
Q1 2014	11,400	$368	$13.41	$11.51 - $17.00
Q4 2013	11,400	$293	$12.60	$11.10 - $14.57
Q3 2013	14,200	$342	$9.63	$8.38 - $12.18
Q2 2013	14,200	$237	$8.21	$6.92 - $8.96