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Stock impact report

GLENBROOK CAPITAL MANAGEMENT RELEASES OPEN LETTER TO TEJON RANCH BOARD CALLING FOR TRANSPARENCY

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: PR Newswire
Urges Company to Conduct Periodic Investor Calls and Adopt Investor Outreach ProgramBelieves Transparency and Engagement Will Help Unlock Tejon's ValuePALO ALTO, Calif., May 23, 2024 /PRNewswire/ -- Glenbrook Capital Management ("Glenbrook" or "we"), a long-time shareholder of Tejon Ranch Co. (NYSE:TRC) ("Tejon"), today issued the following open letter to the Chairman of the Nominating and Corporate Governance Committee of Tejon's Board of DirectorsMay 23, 2024Tejon Ranch Co.P.O. Box 1000Tejon Ranch, California 93243Attn: Michael H. Winer, Chairman of the Nominating and Corporate Governance CommitteeDear Mr. Winer,You will remember that we wrote to you two years ago in connection with our shareholder proposal that Tejon Ranch Co. ("Tejon" or the "Company") should hold quarterly earnings calls like 97% of NYSE listed companies. Because of Tejon's out of hand rejection of our prior plea that Tejon should behave like a normal public company, we are skeptical that what Nitor Capital Manag Show less Read more
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