Alico, Inc. Announces Strategic Transformation of Agriculture Operations to Unlock Value in Land Holdings
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
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Source: GlobeNewswire
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss announcement at 8:30 am Eastern Time today FORT MYERS, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or “the Company”) (Nasdaq: ALCO), today announces a strategic transformation to become a diversified land company with each of its properties now expected to create profitable agricultural revenue opportunities that are not citrus-related until the Highest and Best Use (“HBU”) for these acres can be realized. Alico owns approximately 53,371 acres of land across eight counties in Florida, as well as approximately 48,700 acres of oil, gas
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ALCO
News
- Florida has become such a popular place to move that real-estate developers are building homes on top of orange groves to accommodate the exploding population [Fortune]Fortune
- Alico, Inc. Takes Major Step in Strategic Transformation with Development Application for Master-Planned Community in Collier CountyGlobeNewswire
- Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH Conference [Yahoo! Finance]Yahoo! Finance
- Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH ConferenceGlobeNewswire
- Alico, Inc. (NASDAQ: ALCO) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
ALCO
Earnings
- 12/2/24 - Miss
ALCO
Sec Filings
- 3/14/25 - Form 8-K
- 2/28/25 - Form 8-K
- 2/12/25 - Form 10-Q
- ALCO's page on the SEC website