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Lamar Advertising Co (LAMR.OQ)

LAMR.OQ on NASDAQ Stock Exchange Global Select Market

74.16USD
18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Lamar Advertising Company Chief Financial Officer Keith Istre To Retire
Wednesday, 9 Jan 2019 

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 

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 

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 

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 

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 

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