Boston Omaha Corp (BOC) News & EventsBOCBoston Omaha Corp

CopperPoint Completes Acquisition of GIG

CopperPoint Insurance Company announced the completion of CopperPoint's acquisition of GIG from Boston Omaha Corporation, creating an expanded specialty insurance and surety platform serving customers and distribution partners nationwide. CopperPoint is a leading Arizona-based specialty provider of workers' compensation and commercial insurance solutions. GIG's subsidiaries include United Casualty & Surety Insurance Company, surety placement platform BOSS Bonds and SuretyBonds.Market, a proprietary technology platform developed by GIG. The closing follows the receipt of all necessary regulatory approvals and the satisfaction of other customary closing conditions. Adding nationwide commercial and contract surety expertise strengthens CopperPoint's growing footprint and construction risk solutions, while BOSS Bonds and SuretyBonds.Market provide a seamless digital experience to access and place surety bonds of all types and sizes. Customers and distribution partners will benefit from broader product capabilities, expanded underwriting capacity, enhanced digital service options and access to additional specialty insurance solutions.

Boston Omaha Completes Sale of Insurance Business to CopperPoint for $84.3 Million

Boston Omaha (BOC) announced that it has completed the sale of its surety insurance business, operated by General Indemnity Group to CopperPoint Insurance. The transaction is structured as an all-cash transaction under which CopperPoint acquired all of the outstanding equity interests of GIG. Terms of the sale have not changed from the deal terms announced when the parties entered into a Securities Purchase Agreement on May 18, 2026. The gross sales price is $84,308,757; Boston Omaha retains all 2,673,831 shares of Sky Harbour Class A common stock (SKYH) previously contributed by Boston Omaha to UCS; and Boston Omaha also retained as a final cash dividend $326,371, representing the remaining cash received by GIG from the sale in January 2026 of its preferred stock position in Breezeway Homes.

Boston Omaha Corporation Approves $30M Share Repurchase Program

Boston Omaha Corporation announced that its Board of Directors has approved and authorized a new share repurchase program, pursuant to which the Company intends to repurchase up to $30M of its Class A common stock. The Share Repurchase Program will become effective on November 1 and will replace the prior share repurchase program established in 2025 which would otherwise have expired on December 31. Through September 10, the Company has repurchased 1,607,323 shares of its Class A common stock for a total cost of approximately $21M under the 2025 share repurchase plan.