SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

NOMURA HOLDINGS INC's Holding History (CIK: 0001163653)

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

Q3 2017

Shares 15,000 Value ($000) $559 Avg Close $33.93 Range $28.00 - $39.48

Q4 2015

Shares 10,483 Value ($000) $453 Avg Close $23.10 Range $19.63 - $25.67

Q3 2014

Shares 17,699 Value ($000) $440 Avg Close $14.04 Range $12.36 - $15.55

Q2 2014

Shares 7,942 Value ($000) $242 Avg Close $14.24 Range $12.61 - $16.38

Q4 2013

Shares 9,886 Value ($000) $253 Avg Close $12.60 Range $11.10 - $14.57

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	15,000	$559	$33.93	$28.00 - $39.48
Q4 2015	10,483	$453	$23.10	$19.63 - $25.67
Q3 2014	17,699	$440	$14.04	$12.36 - $15.55
Q2 2014	7,942	$242	$14.24	$12.61 - $16.38
Q4 2013	9,886	$253	$12.60	$11.10 - $14.57