Lamar Advertising Expands Buyback Plan to $250 Million, Maintains Dividend

MT Newswires Live

2025/05/16

Lamar Advertising (LAMR) approved a $150 million increase to its share buyback plan, boosting the total to $250 million.

A $150 million buyback was competed under an existing program with $100 million still available, the company said Thursday in a statement.

The company maintained its quarterly dividend at $1.55 a share, payable June 30 to holders of Class A shares and Class B shares June 16.

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