BOSTON OMAHA CORP.DL-,001

Frank H. Kenan II, a director of Boston Omaha, purchased 50,752 Class A shares through KD Capital between May 28 and June 1 for about $671,249 at prices between $12.89 and $13.43 per share. After the transactions, Kenan’s indirect holdings via KD Capital rose to 315,991 shares; he also holds additional shares directly, in retirement accounts and through a trust. The insider purchase triggered a roughly 5% price increase and is seen by market participants as a positive signal of confidence in the company’s prospects. » More on de.investing.com

The Boston Omaha Corporation has approved a share buyback program for Class A common stock totaling $30 million, which begins on November 18 and runs through December 31, 2026. Repurchases may be made in the open market, through private transactions or by other methods compliant with Rule 10b-18; the board is also considering possible Rule 10b5-1 plans. The program is non‑binding and may be adjusted or terminated depending on the share price, market conditions and opportunities; the stock trades near its 52-week low at about $11.30 (current price $11.51). » More on de.investing.com