Alico, Inc. Announces Commencement of an Issuer Offer to Purchase Up to $19,999,990 of its Common Stock
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
Company Research
Source: GlobeNewswire
FORT MYERS, Fla., Sept. 05, 2018 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ:ALCO) announced today the commencement of an issuer offer (the “Tender Offer”) to purchase up to $19,999,990 in value of shares of its common stock at a purchase price of $34.00 per share. The closing price of the common stock on NASDAQ on September 4, 2018, the last trading day prior to today’s announcement, was $32.35 per share. The maximum number of shares proposed to be purchased in the Tender Offer represents approximately 7.17% of Alico’s outstanding common stock. The Company expects to fund the purchase of shares in the Tender Offer with available cash. Alico's largest shareholders, 734 Investors, LLC and 734 Agriculture, LLC, which are affiliates of Messrs. George Brokaw and Remy W. Trafelet, Alico's Executive Vice Chairman and Chief Executive Officer, respectively, have informed the Company that they intend to participate in the Tender Offer. In the event all of their tende
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ALCO
News
- Alico, Inc. to Announce Second Quarter 2024 Financial Results on Monday, May 6, 2024 [Yahoo! Finance]Yahoo! Finance
- Alico, Inc. to Announce Second Quarter 2024 Financial Results on Monday, May 6, 2024GlobeNewswire
- Alico, Inc. to Present at the 36th Annual Roth ConferenceGlobeNewswire
- With 41% ownership, Alico, Inc. (NASDAQ:ALCO) has piqued the interest of institutional investors [Yahoo! Finance]Yahoo! Finance
- Alico, Inc. (NASDAQ:ALCO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
ALCO
Earnings
- 2/7/24 - Beat
ALCO
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- ALCO's page on the SEC website