Gladstone Land authorizes up to $55 million in preferred stock buybacks
Gladstone Land's board authorized repurchases of up to $20 million of its 6.00% Series B preferred stock and up to $35 million of its 6.00% Series C preferred stock, running through July 14, 2027. The company is not obligated to buy any particular amount, and the program can be suspended or discontinued at any time, so the effect on preferred holders and common shareholders will depend on how much is actually bought.
Key points
- Series B authorization: up to $20,000,000 (Nasdaq: LANDO)
- Series C authorization: up to $35,000,000 (Nasdaq: LANDP)
- Program expires July 14, 2027; repurchases may be made through open market or privately negotiated transactions
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.