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Alico Sets Annual Meeting Date and Record Date for Annual Meeting, Establishes Vice Chairman and Executive Committee and Defers Dividend

LABELLE, Fla., Nov. 3, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, set December 30, 2009, as the record date for shareholders eligible to vote at the Company's annual meeting which will be held at 10:00 a.m. on February 19, 2010. The annual meeting will be held…

Alico Corrects Board Committee Changes

LA BELLE, Fla., Aug. 14, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced on August 12, 2009 that Robert Viguet was replacing Dean Saunders on the Company's Audit Committee. The press release should have stated that John Rood is replacing Mr. Saunders on…

Alico Announces Board Committee Changes

LA BELLE, Fla., Aug. 12, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that Director Dean Saunders has resigned from the Company's Audit Committee and been replaced by Director Robert Viguet, a securities lawyer. Mr. Saunders will remain on the…

Alico Reports Third Quarter Earnings

LA BELLE, Fla., Aug. 10, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net income for the three months ended June 30, 2009 of $609 thousand or $0.08 per share, compared with net income of $5.0 million or $0.68 per share for the three months ended June…

Alico, Inc. Announces Dividend and Real Estate Marketing Initiative

LABELLE, Fla., Aug. 4, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on July 31, 2009, the Board declared a dividend in the amount of $0.1375 per share to be paid to shareholders of record as of October 31, 2009…

Alico, Inc. Announces Dividend

LABELLE, Fla., June 8, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on June 5, 2009, the Board declared a dividend in the amount of $0.1375 per share to be paid to shareholders of record as of July 31, 2009…

Alico Special Committee for Troutman Litigation Issues Report Which Determines That It is Not in Alico's Best Interest to Pursue the Derivative Litigation

LABELLE, Fla., June 3, 2009 (GLOBE NEWSWIRE) -- Alico, Inc., (Nasdaq:ALCO), a leading landholder and land management company located in south Florida announced today that the Special Committee of Independent Directors of Alico's Board of Directors, which was constituted to investigate…

Alico Adds Two New Directors Increasing Its Number of Directors to Ten

LA BELLE, Fla., June 1, 2009 (GLOBE NEWSWIRE) -- Alico, Inc., (Nasdaq:ALCO), a leading landholder and land management company located in south Florida announced today that its Board of Directors, at a meeting held on May 27, 2009, voted to increase the number of directors serving on the Board to…

Alico Reports Second Quarter Earnings

LA BELLE, Fla., May 11, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net income for the three months ended March 31, 2009 of $2.0 million or $0.28 per share, compared with net income of $1.5 million or $0.21 per share for the three months ended March…

Alico Announces Default On Mortgage Note Receivable

LA BELLE, Fla., April 22, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that the Ginn Companies has defaulted on its contract with the Company's subsidiary, Alico-Agri Ltd, related to the purchase of property in Lee County, Florida. Under the terms…

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