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PICO Holdings, Inc. Announces Correction to Date of 2019 Annual Meeting of Shareholders
As of September 30, 2018, our major investment was
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.
Source: PICO Holdings Inc.