secwatch / observer

LAMAR ADVERTISING CO/NEW — fact timeline

Source-grounded facts extracted from LAMAR ADVERTISING CO/NEW's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

LAMR LAMAR ADVERTISING CO/NEW JSON
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Approval of an amendment and restatement of the Company's 1996 Equity Incentive Plan at the 2026-05-14 meeting.

“Proposal 4: Approval of an amendment and restatement of the Company’s 1996 Equity Incentive Plan. The stockholders approved the amendment and restatement. For Against Abstain Broker Non-Votes 217,093,545.49 1,290,954 72,976.00 6,932,819”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Approval, on an advisory and non-binding basis, of the compensation of the Company's named executive officers at the 2026-05-14 meeting.

“Proposal 3: Approval, on an advisory and non-binding basis, of the compensation of the Company’s named executive officers. The stockholders approved, on a non-binding advisory basis, the executive compensation as disclosed in the Proxy. For Against Abstain Broker Non-Votes 214,218,385.49 4,075,610 163,480.00 6,932,819”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Ratification of the appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the 2026 Fiscal Year at the 2026-05-14 meeting.

“Proposal 2: Ratification of the appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the 2026 Fiscal Year. The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. For Against Abstain Broker Non-Votes 224,470,869.49 866,596 52,829 0”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Election of Ten Directors to Serve until the 2027 Annual Meeting at the 2026-05-14 meeting.

“Proposal 1: Election of Ten Directors to Serve until the 2027 Annual Meeting. The following individuals were elected to serve as directors of the Company: Name of Director Nominees For Withheld Broker Non-Votes Nancy Fletcher 217,608,932.49 848,543 6,932,819 John E. Koerner, III 185,459,814.49 32,997,661 6,932,819 Mitch Landrieu 217,918,581.49 538,894 6,932,819 Marshall A. Loeb 199,744,784.49 18,712,691 6,932,819 Stephen P. Mumblow 186,690,081.49 31,767,394 6,932,819 Thomas V. Reifenheiser 196,302,507.49 22,154,968 6,932,819 Anna Reilly 201,929,909.49 16,527,566 6,932,819 Kevin P. Reilly, Jr. 201,632,877.49 16,824,598 6,932,819 Wendell Reilly 201,930,585.49 16,526,890 6,932,819 Elizabeth Thompson 202,314,538.49 16,142,937 6,932,819”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the quarter ended March 31, 2026 results: revenue $528.0 million, net income $101.8 million, EPS $1.00.

“Corporate Boulevard Baton Rouge, LA 70808 Lamar Advertising Company Announces First Quarter Ended March 31, 2026 Operating Results Three Month Results • Net revenues were $528.0 million • Net income was $101.8 million • Adjusted EBITDA was $226.3 million Baton Rouge, LA – May 7, 2026 - Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a”
Debt Financings

LAMAR ADVERTISING CO/NEW incurred senior notes of $400.0 million with U.S. Bank Trust Company, National Association at 5.375% maturing November 1, 2033.

“On September 25, 2025, Lamar Advertising Company (the “Company”) completed an institutional private placement of $400.0 million in aggregate principal amount of 5.375% Senior Notes due 2033 (the “Notes”) of Lamar Media Corp., its wholly owned subsidiary (“Lamar Media”).”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported fiscal year 2024 results: EPS $4.95 to $5.01. Guidance raised.

“We are updating our 2024 guidance issued in February 2024. We now expect net income per diluted share for fiscal year 2024 to be between $4.95 and $5.01, with diluted AFFO per share between $7.75 and $7.90.”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported three months ended March 31, 2024 results: revenue $498.2 million, net income $78.5 million, EPS $0.76.

“Lamar reported net revenues of $498.2 million for the first quarter of 2024 versus $471.3 million for the first quarter of 2023, a 5.7% increase. Operating income for the first quarter of 2024 increased $5.8 million to $124.6 million as compared to $118.8 million for the same period in 2023. Lamar recognized net income of $78.5 million for the first quarter of 2024 as compared to net income of $76.2 million for the same period in 2023, an increase of $2.3 million. Net income per diluted share was $0.76 and $0.74 for the three months ended March 31, 2024 and 2023, respectively.”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the year ended December 31, 2023 results: revenue $2.11 billion, net income $496.8 million, EPS $4.85. Guidance reaffirmed.

“Results Three Month Results • Net revenue was $555.9 million • Net income was $149.3 million • Adjusted EBITDA was $268.2 million Twelve Month Results • Net revenue was $2.11 billion • Net income was $496.8 million • Adjusted EBITDA was $985.7 million Baton Rouge, LA – February 23, 2024 - Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the quarter ended December 31, 2023 results: revenue $555.9 million, net income $149.3 million, EPS $1.46.

“Boulevard Baton Rouge, LA 70808 Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2023 Operating Results Three Month Results • Net revenue was $555.9 million • Net income was $149.3 million • Adjusted EBITDA was $268.2 million Twelve Month Results • Net revenue was $2.11 billion • Net income was $496.8 million • Adjusted EBITDA was”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the nine months ended September 30, 2023 results: revenue $1.56 billion, net income $347.5 million, EPS $3.39. Guidance raised.

“Lamar reported net revenues of $1.56 billion for the nine months ended September 30, 2023 versus $1.50 billion for the nine months ended September 30, 2022, a 3.9% increase. Operating income for the nine months ended September 30, 2023 increased $15.8 million to $483.7 million as compared to $467.9 million for the same period in 2022. Lamar recognized net income of $347.5 million for the nine months ended September 30, 2023 as compared to net income of $372.5 million for the same period in 2022, a decrease of $25.0 million, primarily related to an increase in interest expense of $40.3 million over the same period in 2022. Net income per diluted share was $3.39 and $3.66 for the nine months ended September 30, 2023 and 2022, respectively.”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the third quarter ended September 30, 2023 results: revenue $542.6 million, net income $140.4 million, EPS $1.37. Guidance raised.

“Lamar reported net revenues of $542.6 million for the third quarter of 2023 versus $527.4 million for the third quarter of 2022, a 2.9% increase. Operating income for the third quarter of 2023 increased $7.1 million to $188.1 million as compared to $181.0 million for the same period in 2022. Lamar recognized net income of $140.4 million for the third quarter of 2023 as compared to net income of $146.2 million for the same period in 2022, a decrease of $5.8 million, primarily related to an increase in interest expense of $11.5 million over the same period in 2022. Net income per diluted share was $1.37 and $1.44 for the three months ended September 30, 2023 and 2022, respectively.”
Earnings Releases

LAMAR ADVERTISING CO/NEW updated its the quarter ended June 30, 2023 guidance (lowered).

“On August 3, 2023 , Lamar Advertising Company announced via press release its results for the quarter ended June 30, 2023.”
Debt Financings

LAMAR ADVERTISING CO/NEW amended revolving credit of $75.0 million swingline sublimit with JPMorgan Chase Bank, N.A. at not disclosed maturing July 31, 2028.

“The Amendment also establishes a $75.0 million swingline as a sublimit of the Revolving Facility, which allows Lamar Media to borrow revolving loans on a same-day basis, in an aggregate outstanding principal amount of up to $75.0 million.”
Material Agreements

LAMAR ADVERTISING CO/NEW amended Amendment No. 4 with JPMorgan Chase Bank, N.A. (effective 2023-07-31).

“On July 31, 2023, Lamar Advertising Company’s (the “ Company ”) direct wholly owned subsidiary Lamar Media Corp. (“ Lamar Media ”) entered into the Amendment No. 4, dated as of July 31, 2023 (the “ Amendment ”), to the Fourth Amended and Restated Credit Agreement dated February 6, 2020”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Ratification of the appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the 2023 Fiscal Year at the 2023-05-10 meeting.

“Proposal 4: Ratification of the appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the 2023 Fiscal Year. The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain Broker Non-Votes 224,215,000.49 1,029,507 35,084 0”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Non-Binding, Advisory Vote on the Frequency of Future Advisory Votes on the compensation paid to the Company's named executive officers at the 2023-05-10 meeting.

“Proposal 3: Non-Binding, Advisory Vote on the Frequency of Future Advisory Votes on the compensation paid to the Company’s named executive officers. A proposal relating to the frequency of the stockholder advisory vote to approve the compensation of the Company’s named executive officers received a majority of the votes cast in favor of a stockholder advisory vote every three years with the votes shown: Every 1 Year Every 2 Years Every 3 Years Abstain Broker Non-Votes 68,295,892 44,312 151,318,586.49 135,246 5,479,844”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Approval, on an advisory and non-binding basis, of the compensation paid to the Company's named executive officers at the 2023-05-10 meeting.

“Proposal 2: Approval, on an advisory and non-binding basis, of the compensation paid to the Company’s named executive officers. The stockholders approved, on a non-binding advisory basis, the executive compensation as disclosed in the Proxy. For Against Abstain Broker Non-Votes 215,144,258.49 4,515,233 134,545 5,479,844”
Shareholder Votes

LAMAR ADVERTISING CO/NEW shareholders approved Election of Nine Directors to Serve until the 2024 Annual Meeting at the 2023-05-10 meeting.

“Proposal 1: Election of Nine Directors to Serve until the 2024 Annual Meeting. The following individuals were elected to serve as directors of the Company: Name of Director Nominees For Withheld Broker Non-Votes Nancy Fletcher 217,919,011.49 1,880,736 5,479,844 John E. Koerner, III 190,210,194.49 29,589,553 5,479,844 Marshall A. Loeb 219,296,389.49 503,358 5,479,844 Stephen P. Mumblow 194,465,251.49 25,334,496 5,479,844 Thomas V. Reifenheiser 194,433,865.49 25,365,882 5,479,844 Anna Reilly 197,001,005.49 22,798,742 5,479,844 Kevin P. Reilly, Jr. 196,043,676.49 23,756,071 5,479,844 Wendell Reilly 197,000,643.49 22,799,104 5,479,844 Elizabeth Thompson 199,556,136.49 20,243,611 5,479,844”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported first quarter ended March 31, 2023 results: revenue $471.3 million, net income $76.2 million, EPS $0.74 per diluted share.

“Lamar reported net revenues of $471.3 million for the first quarter of 2023 versus $451.4 million for the first quarter of 2022, a 4.4% increase. Operating income for the first quarter of 2023 decreased $1.7 million to $118.8 million as compared to $120.5 million for the same period in 2022. Lamar recognized net income of $76.2 million for the first quarter of 2023 as compared to net income of $92.2 million for same period in 2022, a decrease of $16.0 million, primarily related to an increase in interest expense of $14.7 million over the same period in 2022. Net income per diluted share was $0.74 and $0.91 for the three months ended March 31, 2023 and 2022, respectively.”
Material Agreements

LAMAR ADVERTISING CO/NEW amended Fourth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at Amendment No. 3 replaced LIBOR with Term SOFR as a successor rate (effective 2023-04-26).

“On April 26, 2023, Lamar Advertising Company’s (the “ Company ”) direct wholly owned subsidiary Lamar Media Corp. (“ Lamar Media ”) entered into Amendment No. 3, dated as of April 26, 2023 (the “ Amendment ”), to the Fourth Amended and Restated Credit Agreement dated February 6, 2020, by and among Lamar Media, as Borrower, the Company, Lamar Media’s subsidiary guarantors party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and certain lenders from time to time party thereto (such agreement, as amended, the “ Credit Agreement ”).”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported fiscal year 2023 results: EPS between $5.14 and $5.21. Guidance initiated.

“We expect net income per diluted share for fiscal year 2023 to be between $5.14 and $5.21, with diluted AFFO per share between $7.40 and $7.55.”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the year ended December 31, 2022 results: revenue $2.03 billion, net income $438.6 million, EPS $4.31. Guidance initiated.

“Lamar reported net revenues of $2.03 billion for the twelve months ended December 31, 2022 versus $1.79 billion for the twelve months ended December 31, 2021, a 13.7% increase. Operating income for the twelve months ended December 31, 2022 increased $56.8 million to $578.0 million as compared to $521.2 million for the same period in 2021. Lamar recognized net income of $438.6 million for the twelve months ended December 31, 2022 as compared to net income of $388.1 million for the same period in 2021, an increase of $50.6 million. Net income per diluted share was $4.31 and $3.83 for the twelve months ended December 31, 2022 and 2021, respectively.”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported the fourth quarter ended December 31, 2022 results: revenue $535.5 million, net income $66.1 million, EPS $0.65. Guidance initiated.

“Lamar reported net revenues of $535.5 million for the fourth quarter of 2022 versus $494.6 million for the fourth quarter of 2021, an 8.3% increase. Operating income for the fourth quarter of 2022 decreased $39.9 million to $110.1 million as compared to $149.9 million for the same period in 2021. Lamar recognized net income of $66.1 million for the fourth quarter of 2022 as compared to net income of $123.3 million for same period in 2021, a decrease of $57.2 million. Net income per diluted share was $0.65 and $1.21 for the three months ended December 31, 2022 and 2021, respectively.”
Earnings Releases

LAMAR ADVERTISING CO/NEW reported Third Quarter Ended September 30, 2022 results: revenue $527.4 million, net income $146.2 million, EPS $1.44. Guidance reaffirmed.

“Three Month Results • Net revenue was $527.4 million • Net income was $146.2 million • Adjusted EBITDA was $251.2 million”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.