Limoneira | Jotup

Limoneira Closes Sale of its Sevilla Property for $2.6 Million

Retrieved on:

Monday, December 5, 2022

Retail, Agriculture, Natural Resources, Food, Beverage, Water, Transport, Calendar, Weather, Sale, COVID-19, Terrorism, Marketing, Limoneira, Pressure

We will use the cash generated by this sale to continue reducing our debt and enhance shareholder value.

Key Points:

We will use the cash generated by this sale to continue reducing our debt and enhance shareholder value.
Limoneira Company, a 129-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world.
Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements.
Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.

Limoneira Closes $20 Million Sale of its Oxnard Packing Facility

Retrieved on:

Monday, October 31, 2022

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 operations, today announced it has closed its previously announced sale of its Oxnard Lemon Packing Facility (OLA) in Ventura County, California to Ventura County Railway Company for $20 million in cash proceeds.

Key Points:

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 operations, today announced it has closed its previously announced sale of its Oxnard Lemon Packing Facility (OLA) in Ventura County, California to Ventura County Railway Company for $20 million in cash proceeds.
Limoneira Company, a 129-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world.
Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements.
Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.

Limoneira Company Announces Resignation of Jesus Loza from its Board of Directors

Retrieved on:

Tuesday, June 14, 2022

The Board of Directors of 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 operations, today announced that Jesus Chuy Loza has decided to resign from its Board of Directors effective June 14, 2022 to focus his attention on continuing to lead Freska Produce.

Key Points:

The Board of Directors of 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 operations, today announced that Jesus Chuy Loza has decided to resign from its Board of Directors effective June 14, 2022 to focus his attention on continuing to lead Freska Produce.
Limoneira Chairman of the Board, Gordon Kimball, stated, On behalf of our Board and Limoneiras management team, we thank Chuy for his service and commitment to our Company.
Mr. Loza stated, It has been an honor to work with Limoneiras Board and management team especially through the recent pandemic.
I am resigning from the Limoneira Board to focus my attention on my role as CEO of Freska Produce.

Limoneira Announces $10 Million Share Repurchase Program

Retrieved on:

Wednesday, September 29, 2021

Harold Edwards, President and Chief Executive Officer of the Company, stated, The Boards decision to authorize this share repurchase program is a clear indication that they, along with our management team, believe Limoneira is positioned for continued long-term growth through both our strategic assets and our consistent global supply of fresh fruit.

Key Points:

Harold Edwards, President and Chief Executive Officer of the Company, stated, The Boards decision to authorize this share repurchase program is a clear indication that they, along with our management team, believe Limoneira is positioned for continued long-term growth through both our strategic assets and our consistent global supply of fresh fruit.
Limoneira Company, a 128-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world.
Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements.
Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.

Limoneira Company Announces Joint Venture with Wileman Bros. & Elliott, Inc.

Retrieved on:

Wednesday, September 22, 2021

Limoneira, another legacy brand, operating since 1893, is a worldwide grower of citrus with large holdings in California of lemons, oranges, and other specialty citrus crops.

Key Points:

Limoneira, another legacy brand, operating since 1893, is a worldwide grower of citrus with large holdings in California of lemons, oranges, and other specialty citrus crops.
Moving forward, Limoneiras oranges and specialty citrus, including grapefruit, and pummelos, will be packed and shipped by Wileman Bros. & Elliott, Inc.
We are very pleased to be teaming up with Limoneira in this new venture, said Brian Johnson, CEO of Wileman Bros. & Elliott, Inc.
Limoneira Company, a 128-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world.
Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.

Limoneira Announces Letter of Intent for Sale of East Area 2 Property

Retrieved on:

Wednesday, July 14, 2021

Other Natural Resources, Other Construction & Property, Agriculture, Commercial Building & Real Estate, Natural Resources, Construction & Property, Limoneira, Forward-looking statement, Purchase and sale agreement, Articles

Completion of the Transaction is subject to the execution of a purchase and sale agreement (PSA).

Key Points:

Completion of the Transaction is subject to the execution of a purchase and sale agreement (PSA).
Harold Edwards, President and Chief Executive Officer, stated, "We are very pleased to move to a letter of intent for the sale of approximately 25 acres strategically located close to our Harvest at Limoneira development project.
This opportunity provides upside to our initial expected cash flow of $80 million from Harvest at Limoneira.
Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.

Limoneira Declares Quarterly Dividend

Retrieved on:

Thursday, June 24, 2021

Retail, Agriculture, Commercial Building & Real Estate, Natural Resources, Construction & Property, Food, Beverage, Limoneira, California, Economy, States of the United States

On June 22, 2021, the Board of Directors of Limoneira Company (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on July 16, 2021, to stockholders of record on July 6, 2021.

Key Points:

On June 22, 2021, the Board of Directors of Limoneira Company (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on July 16, 2021, to stockholders of record on July 6, 2021.
Limoneira Company, a 128-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world.
Limoneira (l mo ra) is a dedicated sustainability company with 15,400 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina.
For more about Limoneira Company, visit www.limoneira.com .

Limoneira’s Joint Venture with Lewis Group of Companies Announces Additional 32 Homesite Closings with National Home Builder Lennar

Retrieved on:

Monday, June 21, 2021

Marketing, Communications, Residential Building & Real Estate, Agriculture, Commercial Building & Real Estate, Natural Resources, Construction & Property, Lennar Corporation, Limoneira, Builder, Economy of the United States, Companies, Industry economics)

These homesites were purchased by Lennar, one of the primary guest builders in Phase 1.

Key Points:

These homesites were purchased by Lennar, one of the primary guest builders in Phase 1.
Harold Edwards, President and Chief Executive Officer, stated, "We are very pleased to announce these additional 32 closings with our respected guest builder, Lennar.
We have now announced 158 homesite closings in fiscal 2021 and expect additional closings later this year in Phase 1 of our development.
Harvest at Limoneira is a well-balanced, comprehensively designed community providing a range of new housing options near the Pacific Ocean.

Limoneira to Announce Second Quarter 2021 Financial Results on June 8, 2021

Retrieved on:

Wednesday, May 26, 2021

Commercial Building & Real Estate, Agriculture, Construction & Property, Natural Resources, Limoneira, Santa Paula, California, Agribusiness, Conference call, Dial, California, Economy, States of the United States

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 operations, announced today it will release financial results for the second quarter ended April 30, 2021, on Tuesday, June 8, 2021, after the market close.

Key Points:

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 operations, announced today it will release financial results for the second quarter ended April 30, 2021, on Tuesday, June 8, 2021, after the market close.
The Company will host a conference call to discuss its financial results on June 8, 2021, at 1:30 pm Pacific Time (4:30 pm Eastern Time).
Investors interested in participating in the live call can dial (877) 705-6003 from the U.S. International callers can dial (201) 493-6725.
Limoneira Company, a 127-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world.

Limoneira’s Joint Venture with Lewis Group of Companies Announces Additional Lot Closings of 60 Residential Units with National Home Builder Richmond American Homes

Retrieved on:

Monday, May 10, 2021

Commercial Building & Real Estate, Agriculture, Construction & Property, Natural Resources, Building Systems, Urban planning, Other Construction & Property, Residential Building & Real Estate, Limoneira, M.D.C. Holdings, Inc., Limoneira Company, M.D.C. HOLDINGS, INC., LIMONEIRA COMPANY

We have now announced an additional 126 lot closings in fiscal 2021 and expect additional closings.

Key Points:

We have now announced an additional 126 lot closings in fiscal 2021 and expect additional closings.
Among the nation\xe2\x80\x99s largest homebuilders, MDC\xe2\x80\x99s subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, Oregon, Pennsylvania, Utah, Virginia, and Washington.
The Company is a leading producer of lemons, avocados, oranges, specialty citrus and other crops that are enjoyed throughout the world.
Other risks and uncertainties include those that are described in Limoneira\xe2\x80\x99s SEC filings that are available on the SEC\xe2\x80\x99s website at http://www.sec.gov .