Gladstone Land authorizes $20M/$35M share repurchase program for Series B/C Preferred Stock.
Gladstone Land Corp (Nasdaq:LAND) announced its board's authorization of a share repurchase program for up to $20M of 6.00% Series B Preferred Stock and up to $35M of 6.00% Series C Preferred Stock. The program will be executed via open market transactions or private negotiations, adhering to securities laws. Repurchases will depend on market prices, economic conditions, and other factors.
May 17, 2024
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