Boston Omaha Corporation announced the approval of a share repurchase program up to $30 million of its Class A common stock.
The program will be in effect from November 18, 2025, allowing repurchases through various means.
The Company may utilize open market purchases, privately-negotiated transactions, or other compliant methods.
Share Repurchase Program Approval
Board of Directors approved a program to repurchase up to $30 million of Class A common stock.
Implementation Date
The share repurchase program will commence around November 18, 2025.
Flexibility in Repurchase
Factors like SEC regulations, market conditions, and investment opportunities will influence repurchase decisions.
Rule 10b5-1 Trading Plans
The Company may establish trading plans for repurchases in compliance with laws and blackout periods.
Non-Obligatory Program
The Company is not bound to acquire a specific number of shares and can modify or discontinue the program at any time.
- The share repurchase program reflects Boston Omaha Corporation's confidence in its financial position and future prospects.
- By providing flexibility in timing and methods, the program aims to enhance shareholder value and manage capital efficiently.
The adoption of the $30 million share repurchase program demonstrates Boston Omaha Corporation's strategic approach to capital management and commitment to maximizing shareholder value.