Gladstone land announces preferred stock repurchase authorization

Mclean, va / access newswire / july 11, 2025 / gladstone land corporation (nasdaq:land) ("gladstone land" or the "company") announced that its board of directors has authorized a share repurchase program for up to $20,000,000 of the company's 6.00% series b cumulative redeemable preferred stock (nasdaq: lando) and up to $35,000,000 of the company's 6.00% series c cumulative redeemable preferred stock (nasdaq: landp) (together, the "preferred stock repurchase program"). the repurchases are intended to be implemented through open market transactions on u.s. exchanges or in privately negotiated transactions, in accordance with applicable securities laws, and any market purchases will be made during applicable trading window periods or pursuant to any applicable rule 10b5-1 trading plans.
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