TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Boston Omaha (BOC).
Boston Omaha Corporation has finalized a Separation and Stock Repurchase Agreement linked to Alex B. Rozek’s departure from the company. Under the agreement, the company will buy back over 210,000 Class A and approximately 527,780 Class B common shares, plus warrants, from Rozek and his controlled entity, Boulderado Partners, LLC, for a total of over $19 million in cash and shares of Sky Harbour Group Corporation. Further, Rozek has stepped down as a manager of a subsidiary and forfeited his Class C Units. The company’s Audit and Risk Committee supervised the negotiations and approval in accordance with corporate governance protocols.
For a thorough assessment of BOC stock, go to TipRanks’ Stock Analysis page.