Alico, Inc. Closes $26.8 Million Land Sale and Achieves 97% Agricultural Utilization
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
Company Research
Source: GlobeNewswire
FORT MYERS, Fla., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., (“Alico” or the “Company”) (Nasdaq: ALCO) today announced the completion of a large grove sale representing approximately 2,950 acres and significant progress in its plans to generate cashflow from its agricultural assets, further advancing its strategic transformation from traditional citrus operations to a diversified land company. The Company closed on the sale of a large citrus grove in Hendry County representing approximately 2,950 acres for $26.8 million in gross proceeds, marking another milestone in its land monetization strategy. Combined with previously announced transactions completed in early fiscal year 2026, including the sale of 579 acres of citrus land for $6.1 million in gross proceeds and the Company's office and shop facility in Frostproof for $1.7 million in gross proceeds, these transactions demonstrate continued execution of Alico's strategic repositioning and mark $34.6 million in transactions i
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ALCO
News
- Alico Conference: CEO Details Exit From Citrus, Land-Leasing Push and Corkscrew Entitlement Timeline [Yahoo! Finance]Yahoo! Finance
- Alico to Participate at 28th Annual ICR Conference [Yahoo! Finance]Yahoo! Finance
- Alico to Participate at 28th Annual ICR ConferenceGlobeNewswire
- Alico, Inc. (NASDAQ:ALCO) Shares Could Be 39% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Alico (NASDAQ:ALCO) had its "buy" rating reaffirmed by analysts at Roth Capital.MarketBeat
ALCO
Earnings
- 11/24/25 - Miss
ALCO
Sec Filings
- 1/14/26 - Form DEFA14A
- 1/14/26 - Form DEF
- 1/5/26 - Form 4
- ALCO's page on the SEC website