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Lamar Media extends debt repurchase program into 2024
By Wendy Van Sickle
Columbus, Ohio, Feb. 23 – Lamar Advertising Co. said its board of directors has authorized the extension of its existing debt repurchase program, which provides for the repurchase by wholly owned subsidiary Lamar Media Corp. of up to $250 million of its outstanding senior notes and other indebtedness outstanding from time to time under its credit agreement, according to a news release.
The repurchase programs, which were previously set to expire on March 31, have been extended through Sept. 30, 2024.
Lamar Advertising is a Baton Rouge, La.-based outdoor advertising company.
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