---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-046675"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T01:26:42.774269+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lamar Advertising declares $1.25 quarterly dividend, extends $250M stock and debt repurchase programs through Sep 2024

## Summary
- Quarterly cash dividend of $1.25 per share payable March 31, 2023 to holders of record March 17, 2023.
- Expected aggregate 2023 distributions total $5.00 per common share, subject to board approval.
- Board extends stock repurchase program ($250M Class A common) and debt repurchase program ($250M senior notes/credit) through September 30, 2024.
- Repurchase programs previously set to expire March 31, 2023; no repurchases made to date.
- Company may establish 10b5-1 trading plans for future repurchases; programs may be suspended or discontinued at any time.

## SEC filing metadata
- accession: 0001193125-23-046675
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000119312523046675/0001193125-23-046675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090425/000119312523046675/d454051d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-046675
- JSON: https://secwatch.observer/filing/0001193125-23-046675.json
- Plain text: https://secwatch.observer/filing/0001193125-23-046675.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.