---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-21-000173"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2021-08-20T23:59:59+00:00"
generated_at: "2026-06-29T08:47:41.786889+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# The Andersons sells Rail Leasing business for ~$543M; authorizes $100M share repurchase

## Summary
- Sold Rail Leasing business to ITE Management affiliate American Industrial Transport for $543M in cash, subject to working capital adjustments.
- Proceeds initially to pay down debt; company also plans to market remaining rail repair business (29 facilities).
- Board authorized $100M common stock repurchase program, effective through August 20, 2024.
- Transaction aligns with portfolio focus on core grain and fertilizer segments; enhances financial flexibility.

## SEC filing metadata
- accession: 0000821026-21-000173
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2021-08-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102621000173/0000821026-21-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102621000173/ande-20210816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-21-000173
- JSON: https://secwatch.observer/filing/0000821026-21-000173.json
- Plain text: https://secwatch.observer/filing/0000821026-21-000173.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.