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Stock impact report

Nitor Capital Management Thanks Fellow Stockholders for Sending Clear Message to Tejon Ranch Board

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: GlobeNewswire
Maintains Voting Results Demonstrate that Stockholders Have Lost Confidence in Current Board’s Stewardship Calls on Board to Immediately Engage with Nitor Capital Management to Address Widespread Stockholder Concerns ENGLEWOOD CLIFFS, N.J., May 20, 2024 (GLOBE NEWSWIRE) -- Nitor Capital Management LLC (together with its affiliates, “Nitor Capital Management” or “we”), a significant stockholder of Tejon Ranch Company (NYSE: TRC) (“Tejon Ranch” or the “Company”) which beneficially owns approximately 1.8% of Tejon Ranch’s outstanding shares, today expressed its views on the clear message sent by the Company’s stockholders at the 2024 annual meeting of stockholders held on May 14, 2024 (the “Annual Meeting”). Nitor Capital Management is grateful to its fellow stockholders for supporting its efforts to send an unequivocal message to Tejon Ranch’s board of directors (the “Board”) that the status quo is unacceptable. We hope that the voting results serve as a wake-up call to the incumbe Show less Read more
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