Boston Omaha Corp (BOC) News & EventsBOCNews & EventsBoston Omaha Corp

Boston Omaha Sells Surety Insurance Business to CopperPoint

Boston Omaha announced that it has entered into a definitive Securities Purchase Agreement to sell its surety insurance business, operated by General Indemnity Group, to CopperPoint Insurance Company. The transaction is structured as an all-cash transaction under which CopperPoint will acquire all of the outstanding equity interests of GIG. The transaction is expected to close prior to year-end 2026, pending receipt of required regulatory approvals, including approvals by the Nebraska Department of Insurance and the fulfillment of other customary closing conditions.

Q1 Revenue Reaches $28.2M

Reports Q1 revenue $28.2M vs. $27.7M last year.

Boston Omaha unveils $30 million stock buyback initiative

Boston Omaha announced that its board of directors approved a share repurchase program under which the company can repurchase up to $30M of its Class A common stock through December 31, 2026 through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934. The share repurchase program will go into effect on or about November 18.