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News Breaks
August 5, 2014
13:36 EDTLAMRLamar Advertising acquires Marco Outdoor Advertising
Lamar Advertising announced that it has acquired the assets of Marco Outdoor Advertising, enhancing Lamar's position in New Orleans and the surrounding market. The all-cash acquisition adds more than 150 bulletin faces, including six digital displays. Marco's inventory is concentrated in New Orleans, particularly along the Pontchartrain Expressway and other major routes into the city, with additional coverage in the bedroom communities on the Northshore of Lake Pontchartrain. Financial terms were not disclosed.
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December 11, 2014
16:18 EDTLAMRLamar Advertising raises quarterly dividend to 84c per share
Lamar Advertising announces that its board has declared a quarterly cash dividend of 84c per share payable on December 30, to stockholders of record of Lamar's Class A common stock and Class B common stock on December 22. Lamar expects to make regular quarterly distributions to stockholders in 2015 in an aggregate annual amount of $2.75 per share, a 10% increase over the aggregate distributions paid or to be paid in 2014 of $2.50.
16:17 EDTLAMRLamar Advertising announces $250M stock repurchase program
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