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Boston Omaha (BOC) has issued an update.
Boston Omaha Corporation has launched a Share Repurchase Program, planning to buy back up to $20 million of its Class A common stock intermittently through various market transactions. The program is set to start around August 15, 2024, after their quarterly financial report, and will run until September 30, 2025, unless concluded sooner by the Board. The repurchase volume will depend on market conditions and the company’s performance, without a commitment to a specific number of shares, capped at 25% of the average daily volume over the last 20 trading days.
For a thorough assessment of BOC stock, go to TipRanks’ Stock Analysis page.