Boston Omaha Corporation filed a current report on Form 8-K on September 11, 2026, disclosing that its Board of Directors approved a new $30 million Class A common stock repurchase program effective November 1, 2026.

Key Highlights

  • New repurchase authorization: The Board approved a Share Repurchase Program allowing the company to repurchase up to $30 million of its Class A common stock.
  • Effective date: The program becomes effective on November 1, 2026, and expires on the earlier of December 31, 2027, or when $30 million in shares has been repurchased.
  • Prior program activity: Through September 10, 2026, the company repurchased 1,607,323 shares of Class A common stock for a total cost of approximately $21 million under its 2025 repurchase plan.
  • Program replacement: The new program replaces the prior share repurchase program established in 2025, which would otherwise have expired on December 31, 2026.
  • Funding source: The company disclosed it intends to finance the repurchase program using its available cash and cash equivalents.
  • No obligation to repurchase: According to the filing, "the Company is not obligated to repurchase any specific number of shares of its Class A common stock."

Boston Omaha Board Authorizes New Class A Share Buyback to Replace 2025 Plan

Boston Omaha Corporation (NYSE:BOC) disclosed in an 8-K filed September 11, 2026, that its Board of Directors approved the new Share Repurchase Program on September 10, 2026. The program authorizes the repurchase of up to $30 million of the company's Class A common stock, with an effective start date of November 1, 2026. The program replaces the company's prior buyback plan from 2025, which had been set to expire December 31, 2026.

According to the filing, share repurchases under the new program may be made through open market purchases, including under a plan adopted pursuant to Rule 10b5-1, or through other permissible methods. The filing noted that repurchases "may be made from time to time depending on market conditions, share price, share availability, and other factors at the Company's discretion." The Board retains the authority to modify, suspend, extend, or terminate the program at any time.

Under the prior 2025 repurchase plan, the company reported buying back 1,607,323 shares of Class A common stock for approximately $21 million through September 10, 2026. The company intends to fund the new program from available cash and cash equivalents. The disclosure was made under Item 8.01 (Other Events) and Item 7.01 (Regulation FD Disclosure), with an accompanying press release filed as Exhibit 99.1.

What Was Disclosed

Boston Omaha's Board approved a new $30 million Class A common stock repurchase program on September 10, 2026, effective November 1, 2026, replacing the 2025 plan. The program expires December 31, 2027, or when the $30 million limit is reached, whichever comes first.