{"url_path":"/sec/boc/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1494582/0001437749-26-017053-index.html","accession_number":"0001437749-26-017053","cik":"0001494582","ticker":"BOC","issuer_name":"BOSTON OMAHA Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1494582/0001437749-26-017053-index.html","primary_entity_key":"0001494582","primary_entity_name":"BOSTON OMAHA Corp"},"word_count":363,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.**\n\n \n\nOn November 14, 2025, the Board approved and authorized the 2025 Share Repurchase Program, pursuant to which we announced our intention to repurchase up to $30 million of our Class A common stock, from time to time, in the open market, privately negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934. The Board also authorized the Company, in its discretion, to establish “Rule 10b5-1 trading plans” for these share repurchases. The 2025 Share Repurchase Program went into effect on or about November 18, 2025 and will terminate on December 31, 2026, unless earlier terminated in the discretion of the Board. The actual timing, number, and value of shares repurchased under the 2025 Share Repurchase Program will depend on a number of factors, including constraints specified in applicable SEC regulations, price, general business and market conditions, and alternative investment opportunities. Pursuant to the 2025 Share Repurchase Program, the Company is not obligated to repurchase any specific number of shares of its Class A common stock and shall not repurchase more than 25% of the average daily volume of its stock over the previous 20 trading days.\n\n \n\nAll shares purchased as part of our publicly announced programs for the time periods set forth below were purchased under our Rule 10b5-1 trading plan. The table below summarizes our stock repurchase activity for the three months ended March 31, 2026:\n\n \n\n \n**Total Number of Shares Purchased**\n**Average Price Paid per Share**\n**Total Number of Shares Purchased as Part of Publicly Announced Programs**\n**Approximate Dollar Value of Shares that May Yet Be Purchased Under the Programs (in thousands)**\n\nJanuary 1 - January 31, 2026\n125,891\n$12.71\n125,891\n$22,656\n\nFebruary 1 - February 28, 2026\n125,305\n$12.84\n124,563\n$21,056\n\nMarch 1 - March 31, 2026\n124,832\n$12.82\n124,832\n$19,456\n\n**Total (1)**\n376,028\n$12.79\n375,286\n \n\n \n\n(1)  The difference between the total number of shares purchased and the total number of shares purchased as part of a publicly announced program is due to shares of common stock withheld by the Company from employee restricted stock awards in order to satisfy applicable tax withholding obligations."}