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Lamar Advertising Co (LAMR.OQ)

LAMR.OQ on NASDAQ Stock Exchange Global Select Market

80.28USD
18 Apr 2019
Change (% chg)

$-0.07 (-0.09%)
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Latest Key Developments (Source: Significant Developments)

Lamar Advertising Co Announces Commencement Of Exchange Offer For 5 3/4% Senior Notes Due 2026 Issued Feb. 1
Wednesday, 3 Apr 2019 02:54pm EDT 

April 3 (Reuters) - Lamar Advertising Co ::LAMAR ADVERTISING COMPANY ANNOUNCES COMMENCEMENT OF EXCHANGE OFFER FOR 5 3/4% SENIOR NOTES DUE 2026 ISSUED FEBRUARY 1, 2019.  Full Article

Lamar Advertising Co Prices Private Offering Of An Additional $250 Mln Of 5 3/4 Pct Senior Notes Due 2026
Wednesday, 23 Jan 2019 05:09pm EST 

Jan 23 (Reuters) - Lamar Advertising Co ::LAMAR ADVERTISING COMPANY PRICES PRIVATE OFFERING OF AN ADDITIONAL $250 MILLION OF 5 3/4% SENIOR NOTES DUE 2026.LAMAR ADVERTISING - NOTES ARE ADDITIONAL TO EXISTING $400 MILLION PRINCIPAL AMOUNT OF ‎5 3/4% SENIOR NOTES DUE 2026‎ ISSUED ON JAN 28, 2016.  Full Article

Lamar Advertising - On Jan 17, Lamar Media Entered Amendment To Third Amended & Restated Credit Agreement, Dated May 15, 2017
Tuesday, 22 Jan 2019 04:13pm EST 

Jan 22 (Reuters) - Lamar Advertising Co ::LAMAR ADVERTISING - ON JAN 17, LAMAR MEDIA ENTERED AMENDMENT TO THIRD AMENDED & RESTATED CREDIT AGREEMENT, DATED MAY 15, 2017.LAMAR ADVERTISING - AMENDMENT INCREASES LAMAR MEDIA'S BORROWING CAPACITY UNDER REVOLVING PORTION OF ITS EXISTING CREDIT AGREEMENT BY $100 MILLION.LAMAR ADVERTISING - AMENDMENT INCREASES BORROWING CAPACITY UNDER REVOLVING PORTION OF LAMAR MEDIA’S EXISTING CREDIT AGREEMENT TO TOTAL OF $550 MILLION.  Full Article

Lamar Advertising Company Chief Financial Officer Keith Istre To Retire
Wednesday, 9 Jan 2019 04:05pm EST 

Jan 9 (Reuters) - Lamar Advertising Co ::LAMAR ADVERTISING COMPANY CHIEF FINANCIAL OFFICER KEITH ISTRE TO RETIRE.LAMAR ADVERTISING CO - CONDUCTING A COMPREHENSIVE SEARCH ISTRE'S SUCCESSOR.LAMAR ADVERTISING CO - KEITH A. ISTRE INFORMED OF INTENT TO RETIRE FROM CO EFFECTIVE DECEMBER 31, 2019.  Full Article

Lamar Advertising says Entered Into Receivables Financing Agreement
Friday, 21 Dec 2018 12:35pm EST 

Dec 21 (Reuters) - Lamar Advertising Co ::ENTERED INTO CERTAIN RECEIVABLES FINANCING AGREEMENT.RECEIVABLES FINANCING AGREEMENT ESTABLISHES A $175.0 MILLION ACCOUNTS RECEIVABLE SECURITIZATION PROGRAM, MATURING ON DEC 17, 2021.  Full Article

Lamar Advertising Acquires Five New Markets, Announces 2019 Distribution Plan
Friday, 21 Dec 2018 12:31pm EST 

Dec 21 (Reuters) - Lamar Advertising Co ::LAMAR ADVERTISING COMPANY ACQUIRES FIVE NEW MARKETS & ANNOUNCES 2019 DISTRIBUTION PLAN.DEAL FOR A PURCHASE PRICE OF $418.5 MILLION..ACCRETIVE ACQUISITION.LAMAR ANTICIPATES THAT IT WILL REALIZE APPROXIMATELY $4 MILLION IN SYNERGIES IN 2019 FROM DEAL.FINANCED ACQUISITION USING BORROWINGS UNDER BANK CREDIT FACILITY AND UNDER A $175 MILLION ACCOUNTS RECEIVABLE SECURITIZATION LINE.EXPECTS TO MAKE REGULAR QUARTERLY DISTRIBUTIONS TO STOCKHOLDERS IN 2019 IN AN AGGREGATE AMOUNT OF $3.84 PER SHARE.ACQUIRED FAIRWAY OUTDOOR ADVERTISING'S BILLBOARD OPERATIONS IN FIVE U.S. MARKETS FROM GTCR, LLC.SEES OVER 5% ORGANIC SALES GROWTH IN Q4.  Full Article

Lamar Advertising Company announces third quarter results
Thursday, 8 Nov 2018 06:00am EST 

Nov 8 (Reuters) - Lamar Advertising Co ::MPANY ANNOUNCES THIRD QUARTER 2018 OPERATING RESULTS.Q3 ADJUSTED FFO PER SHARE $1.51.Q3 REVENUE $418.5 MILLION VERSUS I/B/E/S VIEW $421.3 MILLION.SEES FY 2018 ADJUSTED FFO PER SHARE $5.30 TO $5.40.LAMAR ADVERTISING- TRACKING TO FINISH 2018 AT UPPER END OF OR SLIGHTLY ABOVE REVISED GUIDANCE FOR FY DILUTED AFFO OF $5.30 TO $5.40 PER SHARE.  Full Article

Lamar Advertising Company Announces Change In Dividend Payment Date
Wednesday, 27 Dec 2017 05:26pm EST 

Dec 27 (Reuters) - Lamar Advertising Co ::LAMAR ADVERTISING COMPANY ANNOUNCES CHANGE IN DIVIDEND PAYMENT DATE.LAMAR - ‍AS RESULT OF CHANGES IN TAX CODE, BOARD APPROVED CHANGING PAYMENT DATE OF Q4 DIVIDEND ON CLASS A, CLASS B COMMON STOCK TO JAN 2, 2018​.  Full Article

Lamar Advertising reports Q3 adjusted FFO per share $1.40
Monday, 6 Nov 2017 06:00am EST 

Nov 6 (Reuters) - Lamar Advertising Co :Lamar Advertising Co announces third quarter 2017 operating results.Q3 adjusted FFO per share $1.40.Q3 revenue $399.3 million versus I/B/E/S view $392.1 million.Q3 FFO per share view $1.38 -- Thomson Reuters I/B/E/S.  Full Article