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July 28, 2010
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FL. -- At its regular Board of Directors’ meeting on July 28, 2010, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.01 per share payable on August 30, 2010, to shareholders of record on August 13, 2010. (Full Story)
July 21, 2010
CONSOLIDATED TOMOKA ANNOUNCES SECOND QUARTER EARNINGS
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex-CTO) today reported net income of $126,829 or $0.02 earnings per basic share for the quarter ended June 30, 2010, compared with net income of $187,809 or $0.03 earnings per basic share for the same period in 2009. (Full Story)
April 28, 2010
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FL. -- At its regular Board of Directors’ meeting on April 28, 2010, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.01 per share payable on June 1, 2010, to shareholders of record on May 14, 2010. (Full Story)
April 21, 2010
CONSOLIDATED TOMOKA ANNOUNCES FIRST QUARTER EARNINGS
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex–CTO) today reported net income of $77,819 or $.01 basic earnings per share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $769,544 or $.13 per share for the quarter ended March 31, 2010. The comparable numbers for the first quarter of 2009 were net income of $322,206 or $.06 basic earnings per share and EBDDT of $858,325 or $.15 per share. (Full Story)
April 19, 2010
Risk Metrics Group, PROXY Governance, INC., and Egan-Jones Announce Support for ALL of Consolidated-Tomoka Shareholder Proposals
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex–CTO) stated today that the Company has received letters from David Winters of Wintergreen Advisers, LLC, dated April 7, 2010, and April 12, 2010 and that the Board is aware of Mr. Winters’ comments related to the Company’s 2010 Equity Incentive Plan. (Full Story)
February 17, 2010
CONSOLIDATED TOMOKA REPORTS 2009 EARNINGS
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex-CTO) today reported net income of $800,570, or $0.14 earnings per basic share, for the year ended December 31, 2009, and earnings before depreciation, amortization, and deferred taxes (EBDDT) of $4,531,135, or $0.79 per share, for such period. (Full Story)
February 8, 2010
Consolidated Tomoka Announces Actions Related to 2010 Annual Meeting of Shareholders
DAYTONA BEACH, FLORIDA (February 8, 2010) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) (the “Company”) announced today that at a meeting of the Company’s Board of Directors held on February 8, 2010, John C. Adams, Jr. elected not to stand for re-election to the Board and will retire when his term in Class I expires in April 2010. (Full Story)
February 8, 2010
Consolidated Tomoka Announces Actions Related to 2010 Annual Meeting of Shareholders
DAYTONA BEACH, FLORIDA (February 8, 2010) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) (the “Company”) announced today that at a meeting of the Company’s Board of Directors held on February 8, 2010, John C. Adams, Jr. elected not to stand for re-election to the Board and will retire when his term in Class I expires in April 2010. (Full Story)
January 28, 2010
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FL. -- At its regular Board of Directors’ meeting on January 27, 2010, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.01 per share payable on March 1, 2010, to shareholders of record on February 10, 2010. (Full Story)
October 29, 2009
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FL. -- At its regular Board of Directors’ meeting on October 28, 2009, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.05 per share payable on November 30, 2009, to shareholders of record on November 12, 2009. (Full Story)
October 21, 2009
Consolidated Tomoka Reports Third Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex-CTO) today reported net income of $209,662 or $.04 earnings per basic share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $952,783 or $.17 per share for the quarter ended September 30, 2009. (Full Story)
July 24, 2009
Consolidated Tomoka Announces Action in Response to Shareholder Proposals
DAYTONA BEACH, FLORIDA (July 24, 2009) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) (the “Company”) announced today that at a meeting of the Company’s Board of Directors held on July 22, 2009, the Board intends to submit to shareholders binding proposals to amend the Company’s Articles of Incorporation at the Company’s 2010 Annual Meeting of Shareholders to declassify the Board and to limit the number of directors on the Board to eleven. The Board also determined that in addition to its recent election of an independent chairman it will amend the charter of the Governance Committee to adopt an independent board chairman policy. (Full Story)
July 23, 2009
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FLORIDA – At its regular Board of Directors meeting on July 22, 2009, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.05 per share payable on August 26, 2009, to shareholders of record on August 6, 2009. This dividend is a reduction of $.05 per share from the previous quarter’s dividend. (Full Story)
July 17, 2009
Consolidated Tomoka Announces Second Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex-CTO) today reported net income of $187,809 or $.03 earnings per basic share for the quarter ended June 30, 2009, compared with net income of $2,171,192 or $.38 earnings per basic share for the same period in 2008. (Full Story)
May 22, 2009
Consolidated-Tomoka Announces Results of 2009 Annual Meeting of Shareholders
DAYTONA BEACH, FLORIDA (May 22, 2009) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) today announced that IVS Associates, Inc., its independent inspector of election, has certified the final voting results from the Company's Annual Meeting of Shareholders held on May 13, 2009. (Full Story)
May 11, 2009
Egan-Jones Endorses Consolidated-Tomoka Director Nominees
DAYTONA BEACH (May 11, 2009) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) announced today that Egan-Jones Proxy Services, an independent proxy advisory firm, has endorsed all six of Consolidated-Tomoka’s Board’s nominees on the WHITE Proxy Card for election at the Company’s 2009 Annual Meeting. (Full Story)
May 4, 2009
Glass Lewis Endorses Consolidated Tomoka Director Nominees
DAYTONA BEACH (May 4, 2009) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) announced today that Glass Lewis & Co., an independent proxy advisory firm, has endorsed all six of Consolidated Tomoka’s Board’s director nominees and recommends voting on the WHITE Proxy Card for election of the Company’s slate of directors at the 2009 Annual Meeting of Shareholders. (Full Story)
May 1, 2009
Risk Metrics Group (formerly ISS) and PROXY Governance, Inc. Announce Support for ALL of Consolidated-Tomoka Director Candidates
DAYTONA BEACH (May 1, 2009) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) announced today that RiskMetrics Group (formerly ISS) and PROXY Governance, Inc., two leading independent proxy advisory firms, have both endorsed all six of Consolidated Tomoka’s Board nominees and recommend voting on the WHITE Proxy Card for the election of the Company’s slate of directors at the 2009 Annual Meeting of Shareholders. (Full Story)
April 22, 2009
Consolidated-Tomoka Land Co. Declares Dividend
Daytona Beach, Florida – At its regular Board of Directors’ meeting on April 22, 2009, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.10 per share payable on May 28, 2009, to shareholders of record on May 8, 2009. (Full Story)
April 16, 2009
CONSOLIDATED TOMOKA ANNOUNCES FIRST QUARTER EARNINGS
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex–CTO) today reported net income of $322,206 or $.06 earnings per basic share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $858,325 or $.15 per basic share for the quarter ended March 31, 2009. (Full Story)
April 6, 2009
Consolidated Tomoka Announces New Meeting Date for 2009 Annual Meeting of Shareholders
DAYTONA BEACH, FLORIDA (April 6, 2009) – Consolidated-Tomoka Land Co. (NYSE Amex: CTO) announced today that it has set a new date for its 2009 Annual Meeting of Shareholders. (Full Story)
February 20, 2009
Consolidated-Tomoka Land Co. Reports 2008 Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Alternext US:CTO) today reported net income of $4,834,900 or $0.84 earnings per basic share for the year ended December 31, 2008, and earnings before depreciation, amortization, and deferred taxes (EBDDT) of $7,924,025 or $1.38 per share for such period. (Full Story)
January 6, 2009
Consolidated-Tomoka Land Co. Served with Records Demand
DAYTONA BEACH (January 6, 2009) – Consolidated-Tomoka Land Co. (AMEX:CTO:NYSE Alternext US–CTO) (the “Company”) announced today that on January 5, 2009, the Company was served with an application by Wintergreen Advisers, LLC, in the Circuit Court of the Seventh Judicial Circuit in Volusia County, Florida, for court-ordered inspection of corporate records. (Full Story)
December 22, 2008
Consolidated-Tomoka Land Co. Announces Date for 2009 Annual Meeting of Shareholders
Daytona Beach, Florida, December 22, 2008 – Consolidated-Tomoka Land Co. (NYSE Alternext US–CTO) announced today that its annual meeting for shareholders will be held on Wednesday, April 22, 2009 at 1:30 p.m., local time, to be held in Daytona Beach, Florida. The record date for shareholders entitled to notice of and to vote at the annual meeting has been set for March 13, 2009. (Full Story)
December 1, 2008
Consolidated-Tomoka Land Co. Names Linda Shelley to the Company’s Board of Directo
DAYTONA BEACH (December 1, 2008) – Consolidated-Tomoka Land Co. (NYSE Alternext US–CTO) announced today that it has named Linda Loomis Shelley to the Company’s Board of Directors. Ms. Shelley, who qualifies as an independent director, fills a vacancy on the Board created by the retirement of Bob Allen. (Full Story)
November 21, 2008
Consolidated-Tomoka Land Co. Determines that Proposal from Wintergreen Advisers is Not in Best Interests of Shareholders
DAYTONA BEACH (November 21, 2008) – Consolidated-Tomoka Land Co. (AMEX:CTO:NYSE Alternext US–CTO) (the “Company”) announced today that its Board of Directors has reviewed and rejected a proposal from Wintergreen Advisers, LLC (“Wintergreen”), the Company’s largest shareholder, because it would have provided Wintergreen with undue influence over the Company and was deemed not in the best interests of the Company’s other shareholders. (Full Story)
November 20, 2008
Consolidated-Tomoka Land Co. Announces Authorization of Stock Repurchase Program and Change in Dividend Policy
DAYTONA BEACH, FL. November 20, 2008 Consolidated-Tomoka Land Co. (AMEX: CTO: NYSE Alternext US–CTO) (the “Company”) today announced that its Board of Directors has authorized a program to repurchase shares of the Company’s common stock having an aggregate value of up to $8,000,000. (Full Story)
October 23, 2008
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FL. -- At its regular Board of Directors’ meeting on October 22, 2008, Consolidated-Tomoka Land Co. (AMEX: CTO: NYSE Alternext US–CTO) declared a dividend of $.10 per share payable on November 25, 2008, to shareholders of record on November 6, 2008. (Full Story)
October 17, 2008
Consolidated Tomoka Reports Third Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX: CTO: NYSE Alternext US–CTO) today reported net income of $105,246 or $.02 earnings per basic share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $1,103,586 or $.19 per share for the quarter ended September 30, 2008. (Full Story)
July 23, 2008
Consolidated-Tomoka Land Co. Declares Dividend
Daytona Beach, Florida – At its regular Board of Directors meeting on July 23, 2008, Consolidated-Tomoka Land Co. (AMEX-CTO) declared a dividend of $.10 per share payable on August 27, 2008, to shareholders of record on August 7, 2008. (Full Story)
July 17, 2008
Consolidated Tomoka Announces Second Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX-CTO) today reported net income of $2,171,192 or $.38 earnings per basic share for the quarter ended June 30, 2008, compared with net income of $1,115,940 or $.20 earnings per basic share for the same period in 2007. (Full Story)
June 13, 2008
Consolidated-Tomoka Land Co. Board Responds To Shareholder Demand To Inspect Corporate Records
Daytona Beach, Florida - Consolidated-Tomoka Land Co. (AMEX–CTO) today announced the receipt from Wintergreen Advisers, LLC of a demand to inspect and copy certain Company books and records. (Full Story)
April 23, 2008
Consolidated Tomoka Land Co. Holds Annual Meeting
Daytona Beach, Florida - The Annual Meeting of Shareholders of Consolidated-Tomoka Land Co. (AMEX: CTO) was held today at the LPGA International Clubhouse in Daytona Beach, Florida. (Full Story)
April 23, 2008
Consolidated Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FLORIDA – At its regular Board of Directors’ meeting on April 23, 2008, Consolidated-Tomoka Land Co. (AMEX: CTO) declared a dividend of $.10 per share payable on May 28, 2008, to shareholders of record on May 8, 2008. (Full Story)
March 11, 2008
Consolidated Tomoka Land Co. Board Responds to Wintergreen Advisers, LLC
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX–CTO) sent the following letter to Mr. David J. Winters of Wintergreen Advisers, LLC (Full Story)
February 13, 2008
Consolidated Tomoka Reports 2007 Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX–CTO) today reported net income of $13,532,838 or $2.37 basic earnings per share for the year ended December 31, 2007, and earnings before depreciation, amortization, and deferred taxes (EBDDT) of $19,390,631 or $3.39 per basic share for such period. (Full Story)
January 23, 2008
Consolidated Tomoka Land Co. Declares first Quarter Dividend
Daytona Beach, Florida – At its regular Board of Directors’ meeting on January 23, 2008, Consolidated-Tomoka Land Co. (AMEX-CTO) declared a dividend of $.10 per share payable on February 29, 2008, to shareholders of record on February 8, 2008. (Full Story)
January 23, 2008
Consolidated Tomoka Board Chairman to Retire
Daytona Beach, Florida – At a scheduled board meeting of Consolidated-Tomoka Land Co. (AMEX: CTO) held today, Bob D. Allen, Chairman of the Board of Directors, announced that he is retiring from the Board effective at the close of the Company’s annual meeting of shareholders to be held April 23, 2008... (Full Story)
October 18, 2007
Consolidated Tomoka Reports Third Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX–CTO) reported net income of $2,102,564 or $.37 earnings per basic share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $3,165,382 or $.55 per share for the quarter ended September 30, 2007. (Full Story)
July 18, 2007
Consolidated Tomoka Announces Second Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX-CTO) today reported net income of $1,115,940 or $.20 earnings per basic share for the quarter ended June 30, 2007, compared with net income of $3,739,534 or $.66 earnings per basic share for the same period in 2006. (Full Story)
April 25, 2007
Consolidated-Tomoka Land Co.Holds Annual Meeting
DAYTONA BEACH, FLORIDA - The Annual Meeting of Shareholders of Consolidated-Tomoka Land Co. (AMEX: CTO) was held today at the LPGA International Clubhouse in Daytona Beach, Florida. (Full Story)
April 25, 2007
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FLORIDA - At its regular Board of Directors’ meeting on April 25, 2007, Consolidated-Tomoka Land Co. (AMEX: CTO) declared a dividend of $.09 per share payable on May 31, 2007, to shareholders of record on May 10, 2007. (Full Story)
February 14, 2007
Consolidated Tomoka Reports 2006 Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (AMEX–CTO) today reported net income of $14,028,322 or $2.47 basic earnings per share for the year ended December 31, 2006, and earnings before depreciation, amortization, and deferred taxes (EBDDT) of $21,626,683 or $3.80 per basic share for such period. (Full Story)
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