How many shares did Alico repurchase and at what price?

Alico repurchased approximately 245,000 shares for a total of $10.0 million during the nine months ended June 30, 2026, resulting in an average price of approximately $40.82 per share. The filing does not break down the repurchases by quarter or provide more granular pricing details.

What authorization supports this buyback?

The filing does not specify the board authorization amount, date, or expiration for the repurchase program. It only states that the company 'completed $10.0 million of the Share Repurchase Program,' suggesting an authorization exists but details are not disclosed in this earnings release.

Will Alico continue repurchasing shares?

Yes. The filing states: 'In the event that any additional capital is returned to shareholders through increased common dividends, special dividends, tender offers or open market share repurchases during the 2026 fiscal year, the Company's cash balance could be reduced and net debt could be correspondingly increased.' This indicates potential for future buybacks if capital permits.

How did the buyback affect Alico's share count?

The repurchase of approximately 245,000 shares reduced outstanding shares from 7,645,360 at September 30, 2025, to 7,416,327 at June 30, 2026—a reduction of approximately 229,000 shares net (the difference reflects some equity compensation and other share activity during the period). Treasury shares held increased from 770,785 to 999,818.

Did the buyback impact Alico's liquidity or debt position?

The $10 million buyback was executed while Alico maintained a strong liquidity position. Cash and cash equivalents stood at $55.6 million at quarter-end, and net debt declined to $29.8 million from $47.4 million a year earlier. The company states it can extend its financial runway through 2029 without additional asset sales.

What triggered the buyback during this period?

The filing links the buyback to Alico's strategic transformation and improved financial position. The company is winding down citrus operations and pivoting to land sales, leasing, and development, which has improved cash generation. The buyback appears part of a disciplined capital allocation strategy to return value to shareholders while maintaining financial flexibility.

ALCO 8-K Filed 2026-08-10 Execution disclosure

Alico completes $10M share repurchase, buys back 245K shares

Company executes buyback during Q3 2026 as part of strategic transformation and capital allocation

Shares repurchased245K

MechanismNot specified

What the filing says

Alico, Inc. (Nasdaq: ALCO) announced the completion of $10.0 million in share repurchases during the third quarter ended June 30, 2026, repurchasing approximately 245,000 shares. The buyback was executed as part of the company's capital allocation strategy while maintaining liquidity and strengthening its balance sheet.

The repurchase activity reflects Alico's confidence in its financial position following the company's strategic transformation. As of June 30, 2026, Alico held cash and cash equivalents of $55.6 million, extending its financial runway through fiscal year 2029 without requiring additional asset sales. The company's balance sheet shows improved financial strength, with net debt declining to $29.8 million from $47.4 million at September 30, 2025.

The filing notes that the company may execute additional capital returns to shareholders through increased dividends, special dividends, tender offers, or open-market share repurchases during fiscal year 2026, contingent on capital availability. The specific execution mechanism (open-market purchases under Rule 10b-18, 10b5-1 plan, or other method) is not specified in this earnings release filing.

Company Completes $10.0 million of the Share Repurchase Program, Repurchasing Approximately 245,000 Shares, While Continuing to Strengthen Cash Position — ALICO, INC. 8-K filing · View on SEC EDGAR →

What this means

Alico's $10 million repurchase of approximately 245,000 shares reflects a buyback at an average price of roughly $40.82 per share. This execution occurred while the company is in active transformation from citrus production to land development and leasing. The buyback is modest relative to Alico's market capitalization and represents a deliberate use of free cash flow generated during the period. The filing does not disclose whether this was part of a board-authorized program or the total size of any authorization; it states only that the company "may" execute additional capital returns in fiscal 2026 depending on capital availability.

Frequently asked questions

How many shares did Alico repurchase and at what price?: Alico repurchased approximately 245,000 shares for a total of $10.0 million during the nine months ended June 30, 2026, resulting in an average price of approximately $40.82 per share. The filing does not break down the repurchases by quarter or provide more granular pricing details.
What authorization supports this buyback?: The filing does not specify the board authorization amount, date, or expiration for the repurchase program. It only states that the company 'completed $10.0 million of the Share Repurchase Program,' suggesting an authorization exists but details are not disclosed in this earnings release.
Will Alico continue repurchasing shares?: Yes. The filing states: 'In the event that any additional capital is returned to shareholders through increased common dividends, special dividends, tender offers or open market share repurchases during the 2026 fiscal year, the Company's cash balance could be reduced and net debt could be correspondingly increased.' This indicates potential for future buybacks if capital permits.
How did the buyback affect Alico's share count?: The repurchase of approximately 245,000 shares reduced outstanding shares from 7,645,360 at September 30, 2025, to 7,416,327 at June 30, 2026—a reduction of approximately 229,000 shares net (the difference reflects some equity compensation and other share activity during the period). Treasury shares held increased from 770,785 to 999,818.
Did the buyback impact Alico's liquidity or debt position?: The $10 million buyback was executed while Alico maintained a strong liquidity position. Cash and cash equivalents stood at $55.6 million at quarter-end, and net debt declined to $29.8 million from $47.4 million a year earlier. The company states it can extend its financial runway through 2029 without additional asset sales.
What triggered the buyback during this period?: The filing links the buyback to Alico's strategic transformation and improved financial position. The company is winding down citrus operations and pivoting to land sales, leasing, and development, which has improved cash generation. The buyback appears part of a disciplined capital allocation strategy to return value to shareholders while maintaining financial flexibility.

execution mid-cap agricultural-land open-market balance-sheet-strength strategic-transformation

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.