PICO Holdings, Inc. Announces Correction to Date of 2019 Annual Meeting of Shareholders
November 06 2018 - 1:22PM
PICO Holdings, Inc. (NASDAQ:PICO) announced today that its 2019
Annual Meeting of Stockholders will be held in Omaha, Nebraska on
Friday, May 3rd at the Durham Museum (and not on May 4th as
previously announced). We have found in the past, due to our
meeting schedule, that many of our attendees leave for Omaha for
the Berkshire Hathaway annual stockholders meeting immediately
following our Annual Stockholders Meeting. Our 2019 Annual
Meeting of Stockholders will begin at 9:00 am CDT and we will
provide a continental breakfast beginning at 8:00 am CDT.
About PICO Holdings, Inc.
As of September 30, 2018, our major
investment was Vidler Water Company, Inc., a water resource and
water storage business with assets and operations primarily in the
Southwestern U.S.
Currently, we believe the highest potential
return to shareholders is from a return of capital to shareholders.
As we monetize assets, rather than reinvest the proceeds, we intend
to return the capital derived therefrom, less any working capital
requirements, back to shareholders through a stock repurchase
program or by other means such as special dividends taking into
effect liquidity requirements, debt covenants and any other
contractual and legal restrictions that may exist at the time.
This news release was distributed by
GlobeNewswire, www.globenewswire.com.
CONTACT:Max WebbExecutive Chairman(775) 885-5000
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