other material
confidence high
sentiment positive
materiality 0.40
Lamar extends $250M stock and $250M debt buyback programs through Mar 2026
LAMAR ADVERTISING CO/NEW
- Board extended existing $250M stock repurchase program and $250M debt repurchase program.
- Programs were set to expire Sept 30, 2024; now extended to March 31, 2026.
- No repurchases have been made under the existing programs as of the filing date.
- Debt repurchases apply to senior notes and credit agreement indebtedness of Lamar Media Corp.