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.