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Stock impact report

Limoneira Announces New $10 Million Share Repurchase Program

Limoneira Co (LMNR) 
Last limoneira co earnings: 3/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.limoneira.com/investor-relations
Company Research Source: Business Wire
SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development investments, today announced that the Company’s Board of Directors authorized the repurchase of up to $10.0 million of the Company’s issued and outstanding common stock.Harold Edward, the Company’s Chief Executive Officer, said, “Today’s share repurchase program announcement demonstrates the Board and management’s continued confidence in the long-term growth prospects of Limoneira and the strong overall value of our Company. The authorized repurchases are part of the ongoing commitment to a disciplined and opportunistic capital deployment strategy.”Under the approved authorization, the Company may purchase common stock through March, 2021 utilizing one or more open market transactions, transactions structured through investment banking institutions Show less Read more
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