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Stock impact report

Nitor Capital Management Issues Letter to Tejon Ranch Stockholders Announcing its Intention to Withhold Support for Four Directors at 2024 Annual Meeting [Yahoo! Finance]

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: Yahoo! Finance
Believes Net Asset Value of Company Exceeds $44 per Share, Nearly 3x Today's Share Price Confident Company can Deliver Stockholder Value with the Right Leadership and Strategy Plans to Withhold Support for Compensation Committee Chair Steven A. Betts, Chairman of the Board Norman J. Metcalfe, Real Estate Committee Chair Geoffrey L. Stack and Nominating Committee Chair Michael H. Winer ENGLEWOOD CLIFFS, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- Nitor Capital Management LLC, a significant stockholder of Tejon Ranch Company (NYSE: TRC) (“Tejon Ranch” or the “Company”) which beneficially owns approximately 1.75% of Tejon Ranch's outstanding shares, today issued the following letter to the Company's stockholders. Fellow Stockholders, Nitor Capital Management LLC (together with its affiliates, “Nitor Capital Management” or “we”) is a significant stockholder of Tejon Ranch Company (“Tejon Ranch” or the “Company”) with beneficial ownership of approximately 1.75% of Tejon Ranch's out Show less Read more
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