SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

MANUFACTURERS LIFE INSURANCE COMPANY, THE's Holding History (CIK: 0000928047)

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

Q4 2025

Shares 15,749 Value ($000) $182 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 17,371 Value ($000) $233 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 18,768 Value ($000) $256 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 17,782 Value ($000) $224 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 24,878 Value ($000) $314 Avg Close $13.44 Range $12.01 - $16.28

Q3 2024

Shares 25,681 Value ($000) $362 Avg Close $16.52 Range $13.51 - $21.89

Q2 2024

Shares 26,785 Value ($000) $437 Avg Close $16.11 Range $11.87 - $19.32

Q1 2024

Shares 24,630 Value ($000) $428 Avg Close $19.38 Range $16.95 - $22.27

Q4 2023

Shares 18,959 Value ($000) $410 Avg Close $22.40 Range $20.02 - $25.51

Q3 2023

Shares 19,333 Value ($000) $398 Avg Close $20.48 Range $18.02 - $23.31

Q2 2023

Shares 19,333 Value ($000) $376 Avg Close $19.60 Range $18.20 - $21.00

Q1 2023

Shares 18,883 Value ($000) $359 Avg Close $18.68 Range $15.62 - $21.07

Q4 2022

Shares 18,883 Value ($000) $300 Avg Close $18.30 Range $15.63 - $22.79

Q3 2022

Shares 19,140 Value ($000) $326 Avg Close $21.33 Range $16.97 - $24.50

Q2 2022

Shares 19,458 Value ($000) $432 Avg Close $22.59 Range $17.06 - $25.93

Q1 2022

Shares 19,854 Value ($000) $468 Avg Close $22.57 Range $18.77 - $26.58

Q4 2021

Shares 24,847 Value ($000) $634 Avg Close $28.08 Range $24.44 - $32.71

Q3 2021

Shares 25,498 Value ($000) $805 Avg Close $38.05 Range $28.70 - $61.53

Q2 2021

Shares 27,403 Value ($000) $1,329 Avg Close $49.53 Range $46.00 - $51.82

Q1 2021

Shares 27,163 Value ($000) $1,326 Avg Close $45.77 Range $38.77 - $52.20

Q4 2020

Shares 28,709 Value ($000) $1,242 Avg Close $44.90 Range $42.31 - $48.01

Q3 2020

Shares 27,698 Value ($000) $1,231 Avg Close $50.97 Range $42.18 - $56.77

Q2 2020

Shares 28,553 Value ($000) $1,406 Avg Close $50.71 Range $44.04 - $59.93

Q1 2020

Shares 30,272 Value ($000) $1,491 Avg Close $44.42 Range $38.35 - $51.00

Q4 2019

Shares 28,866 Value ($000) $1,201 Avg Close $35.41 Range $29.61 - $41.73

Q3 2019

Shares 29,567 Value ($000) $914 Avg Close $35.06 Range $30.70 - $41.63

Q2 2019

Shares 29,822 Value ($000) $1,149 Avg Close $41.46 Range $36.40 - $45.27

Q1 2019

Shares 30,523 Value ($000) $1,354 Avg Close $46.93 Range $43.28 - $51.18

Q4 2018

Shares 28,500 Value ($000) $1,261 Avg Close $42.67 Range $34.74 - $51.41

Q3 2018

Shares 30,366 Value ($000) $1,177 Avg Close $35.63 Range $31.10 - $39.40

Q2 2018

Shares 34,944 Value ($000) $1,143 Avg Close $34.16 Range $29.93 - $39.65

Q1 2018

Shares 55,448 Value ($000) $1,996 Avg Close $33.27 Range $30.00 - $38.60

Q4 2017

Shares 231,883 Value ($000) $7,838 Avg Close $36.81 Range $32.55 - $41.80

Q3 2017

Shares 219,447 Value ($000) $8,164 Avg Close $33.93 Range $28.00 - $39.48

Q2 2017

Shares 537,792 Value ($000) $16,510 Avg Close $30.99 Range $27.28 - $33.05

Q1 2017

Shares 35,872 Value ($000) $1,006 Avg Close $27.65 Range $25.35 - $31.10

Q4 2016

Shares 31,534 Value ($000) $861 Avg Close $26.83 Range $22.05 - $30.20

Q3 2016

Shares 31,462 Value ($000) $856 Avg Close $32.10 Range $24.92 - $42.66

Q2 2016

Shares 31,495 Value ($000) $1,230 Avg Close $30.94 Range $25.69 - $39.11

Q1 2016

Shares 32,493 Value ($000) $880 Avg Close $22.98 Range $19.18 - $27.53

Q4 2015

Shares 16,192 Value ($000) $348 Avg Close $23.10 Range $19.63 - $25.67

Q3 2015

Shares 16,055 Value ($000) $688 Avg Close $18.93 Range $15.68 - $22.10

Q2 2015

Shares 15,821 Value ($000) $542 Avg Close $16.60 Range $15.04 - $18.79

Q1 2015

Shares 15,565 Value ($000) $485 Avg Close $15.28 Range $13.76 - $16.84

Q4 2014

Shares 15,619 Value ($000) $488 Avg Close $14.14 Range $11.84 - $16.00

Q3 2014

Shares 15,980 Value ($000) $396 Avg Close $14.04 Range $12.36 - $15.55

Q2 2014

Shares 15,779 Value ($000) $481 Avg Close $14.24 Range $12.61 - $16.38

Q1 2014

Shares 18,628 Value ($000) $601 Avg Close $13.41 Range $11.51 - $17.00

Q4 2013

Shares 18,675 Value ($000) $480 Avg Close $12.60 Range $11.10 - $14.57

Q3 2013

Shares 18,359 Value ($000) $443 Avg Close $9.63 Range $8.38 - $12.18

Q2 2013

Shares 18,541 Value ($000) $310 Avg Close $8.21 Range $6.92 - $8.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	15,749	$182	$11.83	$9.67 - $13.90
Q3 2025	17,371	$233	$13.74	$11.71 - $15.84
Q2 2025	18,768	$256	$12.69	$10.07 - $14.46
Q1 2025	17,782	$224	$11.76	$9.77 - $13.61
Q4 2024	24,878	$314	$13.44	$12.01 - $16.28
Q3 2024	25,681	$362	$16.52	$13.51 - $21.89
Q2 2024	26,785	$437	$16.11	$11.87 - $19.32
Q1 2024	24,630	$428	$19.38	$16.95 - $22.27
Q4 2023	18,959	$410	$22.40	$20.02 - $25.51
Q3 2023	19,333	$398	$20.48	$18.02 - $23.31
Q2 2023	19,333	$376	$19.60	$18.20 - $21.00
Q1 2023	18,883	$359	$18.68	$15.62 - $21.07
Q4 2022	18,883	$300	$18.30	$15.63 - $22.79
Q3 2022	19,140	$326	$21.33	$16.97 - $24.50
Q2 2022	19,458	$432	$22.59	$17.06 - $25.93
Q1 2022	19,854	$468	$22.57	$18.77 - $26.58
Q4 2021	24,847	$634	$28.08	$24.44 - $32.71
Q3 2021	25,498	$805	$38.05	$28.70 - $61.53
Q2 2021	27,403	$1,329	$49.53	$46.00 - $51.82
Q1 2021	27,163	$1,326	$45.77	$38.77 - $52.20
Q4 2020	28,709	$1,242	$44.90	$42.31 - $48.01
Q3 2020	27,698	$1,231	$50.97	$42.18 - $56.77
Q2 2020	28,553	$1,406	$50.71	$44.04 - $59.93
Q1 2020	30,272	$1,491	$44.42	$38.35 - $51.00
Q4 2019	28,866	$1,201	$35.41	$29.61 - $41.73
Q3 2019	29,567	$914	$35.06	$30.70 - $41.63
Q2 2019	29,822	$1,149	$41.46	$36.40 - $45.27
Q1 2019	30,523	$1,354	$46.93	$43.28 - $51.18
Q4 2018	28,500	$1,261	$42.67	$34.74 - $51.41
Q3 2018	30,366	$1,177	$35.63	$31.10 - $39.40
Q2 2018	34,944	$1,143	$34.16	$29.93 - $39.65
Q1 2018	55,448	$1,996	$33.27	$30.00 - $38.60
Q4 2017	231,883	$7,838	$36.81	$32.55 - $41.80
Q3 2017	219,447	$8,164	$33.93	$28.00 - $39.48
Q2 2017	537,792	$16,510	$30.99	$27.28 - $33.05
Q1 2017	35,872	$1,006	$27.65	$25.35 - $31.10
Q4 2016	31,534	$861	$26.83	$22.05 - $30.20
Q3 2016	31,462	$856	$32.10	$24.92 - $42.66
Q2 2016	31,495	$1,230	$30.94	$25.69 - $39.11
Q1 2016	32,493	$880	$22.98	$19.18 - $27.53
Q4 2015	16,192	$348	$23.10	$19.63 - $25.67
Q3 2015	16,055	$688	$18.93	$15.68 - $22.10
Q2 2015	15,821	$542	$16.60	$15.04 - $18.79
Q1 2015	15,565	$485	$15.28	$13.76 - $16.84
Q4 2014	15,619	$488	$14.14	$11.84 - $16.00
Q3 2014	15,980	$396	$14.04	$12.36 - $15.55
Q2 2014	15,779	$481	$14.24	$12.61 - $16.38
Q1 2014	18,628	$601	$13.41	$11.51 - $17.00
Q4 2013	18,675	$480	$12.60	$11.10 - $14.57
Q3 2013	18,359	$443	$9.63	$8.38 - $12.18
Q2 2013	18,541	$310	$8.21	$6.92 - $8.96