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Lamar Advertising Company Announces Cash Dividend on Common Stock & Extension of Stock and Debt Repurchase Programs
Globenewswire· 2026-02-26 21:15
BATON ROUGE, La., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.60 per share payable on March 31, 2026 to stockholders of record of Lamar’s Class A common stock and Class B common stock on March 16, 2026. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in ...
Lamar Advertising to appear at the Morgan Stanley Technology, Media & Telecom Conference
Globenewswire· 2026-02-25 16:00
BATON ROUGE, La., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 4, 2026 at approximately 6:20 p.m. EST. The session will be carried live via audio webcast at the Company’s website, www.lamar.com, and will be archived for 30 days. About Lamar Advertising CompanyFounded in 1 ...
Lamar Advertising to appear at the Citi 2026 Global Property CEO Conference
Globenewswire· 2026-02-23 17:00
BATON ROUGE, La., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the Citi 2026 Global Property CEO Conference on Monday, March 2, 2026 at approximately 7:30 am EST. The session will be carried live via audio webcast at the Company’s website, www.lamar.com, and will be archived for 30 days. About Lamar Advertising CompanyFounded in 1902, Lamar Adverti ...
Lamar Advertising Company Announces Third Quarter Ended September 30, 2025 Operating Results
Globenewswire· 2025-11-06 11:00
Core Insights - Lamar Advertising Company reported solid third-quarter results with a year-over-year revenue growth of 3.8% to $585.5 million, driven by an increase in national sales and positive momentum heading into the holiday season [3][4][9] - The company achieved an adjusted EBITDA of $280.8 million, reflecting a 3.5% increase compared to the same period in 2024 [5][9] - For the nine months ended September 30, 2025, net revenues reached $1.67 billion, a 2.6% increase from the previous year, with net income rising 20.4% to $438.3 million, largely due to a gain from the sale of equity interest in Vistar Media [11][12][13] Third Quarter Highlights - Net revenues for Q3 2025 were $585.5 million, up from $564.1 million in Q3 2024, marking a 3.8% increase [4][9] - Operating income increased by $2.5 million to $189.1 million compared to $186.6 million in Q3 2024 [4] - Net income for Q3 2025 was $144.1 million, down from $147.8 million in Q3 2024, resulting in a decrease of 2.5% [4][9] Nine Month Results - For the nine months ended September 30, 2025, net revenues were $1.67 billion, compared to $1.63 billion in the same period of 2024, reflecting a 2.6% increase [11] - Operating income for the nine months increased by $82.6 million to $578.0 million [11] - Funds from operations (FFO) rose to $600.8 million, a 5.1% increase from $571.7 million in the prior year [13] Cash Flow and Liquidity - Cash flow from operating activities for Q3 2025 was $235.7 million, an increase of $8.3 million from $227.4 million in Q3 2024 [5][12] - Free cash flow for Q3 2025 was $189.2 million, down 4.5% from $198.1 million in Q3 2024 [5][12] - As of September 30, 2025, the company had total liquidity of $834.2 million, including $742.2 million available for borrowing under its revolving credit facility [14] Recent Developments - On September 23, 2025, Lamar Media Corp. entered into an amendment to its credit agreement, establishing $700 million in Term B Loans, which were fully drawn to refinance existing debt [15] - The company completed a private placement of $400 million in senior notes due 2033, with net proceeds used to pay down existing debt [16]