SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

BlackRock, Inc.'s Holding History (CIK: 0002012383)

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

Q4 2025

Shares 7,017,163 Value ($000) $81,118 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 6,924,218 Value ($000) $92,923 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 6,942,192 Value ($000) $94,830 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 6,988,621 Value ($000) $87,847 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 7,238,718 Value ($000) $91,280 Avg Close $13.44 Range $12.01 - $16.28

Q3 2024

Shares 7,093,757 Value ($000) $100,093 Avg Close $16.52 Range $13.51 - $21.89

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	7,017,163	$81,118	$11.83	$9.67 - $13.90
Q3 2025	6,924,218	$92,923	$13.74	$11.71 - $15.84
Q2 2025	6,942,192	$94,830	$12.69	$10.07 - $14.46
Q1 2025	6,988,621	$87,847	$11.76	$9.77 - $13.61
Q4 2024	7,238,718	$91,280	$13.44	$12.01 - $16.28
Q3 2024	7,093,757	$100,093	$16.52	$13.51 - $21.89