Lamar Advertising extends stock and debt repurchase programs (Investing)

Lamar Advertising Co/NEW (NASDAQ:LAMR) has recently showed a robust financial performance, which may instill confidence in investors considering the company's extended repurchase initiative. With a market capitalization of $13.55 billion, Lamar's current P/E ratio stands at 26.74, reflecting a premium valuation relative to near-term earnings growth. […]