Boston Omaha Corp authorizes $20M share repurchase program through Sep 2025

BOSTON OMAHA Corp

Board approved $20M repurchase of Class A common stock effective Aug 15, 2024 to Sep 30, 2025.
Repurchases allowed via open market, privately-negotiated transactions, or Rule 10b5-1 trading plans.
CEO Adam Peterson cites stock trading at 'meaningful discount' to intrinsic value as rationale.
Program limited to 25% of average daily volume over prior 20 trading days; no obligation to buy.
Buyback adds to capital allocation flexibility alongside investing in existing businesses.

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