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Boston Omaha reported that insider Frank H. Kenan II acquired 50,752 shares of BOC.
Following this transaction, Kenan's total direct and indirect stake in BOC now stands at 441,477 shares, representing approximately 1.45 percent of the company's total shares outstanding. The disclosure underscores ongoing insider interest in Boston Omaha's equity. Further developments regarding ownership structure may shape future shareholder sentiment.
Earlier this year, Boston Omaha insider Jeff Royal acquired 10,000 shares directly and 31,046 shares indirectly through Dundee BanCo, as detailed here. The company has also supported investments beyond its core operations, including reporting Utah Broadband's receipt of nearly $23 million in USDA RUS ReConnect funding, as covered here. These developments reflect recent activity involving both insider transactions and portfolio investments.