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Boston Omaha Corporation Announces Adoption of $30 Million Class A Common Stock Repurchase Program
Businesswire· 2025-11-17 13:14
Core Points - Boston Omaha Corporation announced a share repurchase program allowing the company to buy back up to $30 million of its Class A common stock by December 31, 2026 [1] - The program will commence on or about November 18, 2025, and will include open market purchases and privately-negotiated transactions [1][3] - The Board has authorized the establishment of "Rule 10b5-1 trading plans" to facilitate share repurchases during periods when the company may be restricted from buying back shares [2] Financial Considerations - The actual timing, number, and value of shares repurchased will depend on various factors, including SEC regulations, market conditions, and alternative investment opportunities [3] - The share buyback program does not obligate the company to acquire a specific number of shares and may be modified or discontinued at any time [3] Company Overview - Boston Omaha Corporation is a public holding company with four majority-owned businesses in outdoor advertising, broadband telecommunications, surety insurance, and asset management [4]