Boston Omaha Corp Announces $30M Share Repurchase Program

What Happened

• Boston Omaha Corporation announced (filed on Sept 11, 2026) that its Board approved a new Share Repurchase Program on Sept 10, 2026. The program authorizes repurchases of up to $30 million of Class A common stock, becomes effective November 1, 2026, and replaces the prior 2025 repurchase program.

Key Details

• Board approval date: September 10, 2026; program effective: November 1, 2026.
• Authorization: up to $30.0 million of Class A common stock; program expires the earlier of December 31, 2027 or when $30.0 million has been repurchased.
• Prior activity: through September 10, 2026 the company repurchased 1,607,323 Class A shares for about $21 million under the 2025 plan.
• Purchase methods: open-market purchases (including Rule 10b5-1 plans) or privately negotiated transactions; repurchases at management’s discretion and subject to applicable securities laws.
• Funding: the company intends to use available cash and cash equivalents; the Board may modify, suspend, extend or terminate the program at any time.

Why It Matters

• If executed, repurchases will reduce the number of outstanding Class A shares and use up to $30 million of the company’s cash resources.
• The program is discretionary (no obligation to buy a set number of shares) and replaces the prior plan that would have expired Dec 31, 2026, giving management flexibility through the end of 2027 or until the $30M cap is reached.
• Investors should note the company disclosed the program under Regulation FD and furnished a press release (Exhibit 99.1) with the 8-K.