other material
confidence high
sentiment positive
materiality 0.60
Lamar declares $1.60 quarterly dividend; extends stock and debt repurchase programs through Sep 2027
LAMAR ADVERTISING CO/NEW
- Quarterly dividend of $1.60 per share, payable March 31, 2026, to holders of record on March 16, 2026.
- Board extended stock repurchase program (remaining $250M availability) and debt repurchase program ($250M) through September 30, 2027.
- Previously repurchased $150M under stock program; total authorization increased to $400M.
- No repurchases made to date under debt repurchase program.
- Lamar expects aggregate 2026 quarterly distributions of at least $6.40 per common share.