Boston Omaha authorizes new $30 million share repurchase program starting November 1

Boston Omaha Corporation (NYSE: BOC) said its Board on September 10, 2026 authorized a new Share Repurchase Program for up to $30 million of Class A common stock, effective November 1, 2026, replacing the 2025 plan that would otherwise have expired December 31, 2026.

The new program takes effect November 1

Under the new Share Repurchase Program, Boston Omaha intends to repurchase up to $30 million of its Class A common stock. The program becomes effective on November 1, 2026 and will replace the prior share repurchase program established in 2025, which would otherwise have expired on December 31, 2026. Authorization is not an obligation to buy a specific number of shares, and the company has not begun purchases under the new program — it is not yet effective.

What the company bought under the 2025 plan

Through September 10, 2026, under the 2025 plan the company repurchased 1,607,323 shares of Class A common stock for a total cost of approximately $21 million. That activity belongs to the prior program and should not be read as buying under the new $30 million authorization.

Program terms and Board flexibility

Acquisitions under the new program may be effected from time to time through open market purchases (including under a Rule 10b5-1 plan) or other methods permitted by applicable securities laws and determined by management. Timing depends on market conditions, share price, share availability, and other factors at the company's discretion. The program expires on the earlier of December 31, 2027 or when $30 million of Class A common stock has been repurchased. Boston Omaha intends to finance repurchases with available cash and cash equivalents. The Board may modify, suspend, extend, or terminate the program at any time.

The 8-K and press release path

Boston Omaha reported the authorization in its September 11 Form 8-K under Items 7.01, 8.01 and 9.01, AccNo 0001437749-26-030118. Item 7.01 furnishes the September 11 press release as Exhibit 99.1; Item 8.01 describes the Board authorization; Item 9.01 lists the exhibits. The press release is titled "Boston Omaha Corporation Announces Adoption of New $30 Million Class A Common Stock Repurchase Program."