BlackRock Increases Stake in Lamar Advertising Co. to 11.3%

BlackRock, Inc. filed a Schedule 13G/A on April 28, 2026, disclosing an increased ownership position in Lamar Advertising Co. (LAMR). As of the event date on March 31, 2026, BlackRock reported beneficial ownership of 9,813,265 shares of Class A Common Stock, representing 11.3% of the class. This filing represents the 14th amendment to BlackRock's statement, indicating a significant increase from its previously reported position. The filing specifies that BlackRock holds sole voting power over 9,497,539 shares and sole dispositive power over the full 9,813,265 shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are listed as having participated in the acquisition. The total value of the holdings is estimated at approximately $1.33 billion based on the reported share count. No other individual person's interest in the common stock is reported to exceed five percent of the total outstanding shares within this filing entity.