secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE LAND Corp (LAND)
CIK:        0001495240
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001193125-24-141716
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Land authorizes $55M preferred stock repurchase program
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- Board authorized up to $20M of Series B (LANDO) and $35M of Series C (LANDP) preferred stock repurchases.
- Program expires May 17, 2025; may be suspended or discontinued at any time with no obligation to buy.
- Repurchases intended through open market or privately negotiated transactions, subject to market conditions.
- President David Gladstone cites attractive buying opportunity as favorable strategic use of capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495240/000119312524141716/0001193125-24-141716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495240/000119312524141716/d827229d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-141716

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer