Glenbrook Emphasizes Importance of Shareholder Participation

Importance of Shareholder Engagement at Tejon Ranch

Glenbrook Capital Management, a notable investor in Tejon Ranch Co. (NYSE: TRC), has expressed its appreciation for CalSTRS' endorsement of PFS Trust’s shareholder proposal. This proposal aligns with Glenbrook’s longstanding commitment to unlocking shareholder value at Tejon. With Glenbrook holding approximately 1.1% of outstanding shares, it is eager for all shareholders to actively participate in important upcoming votes.

The Upcoming Viability of Bulldog's Director Slate

The essence of this communication is to galvanize support for Bulldog Capital’s director slate, which is positioned as a necessary measure for realizing enhanced oversight and direction within the Tejon Board. Voting with Bulldog’s GREEN Proxy Card signifies a collective effort to establish a more accountable board of directors focused on strategic growth and shareholder prosperity.

Why Voting Matters

As we approach the annual meeting of shareholders, it is crucial for Tejon shareholders, especially those aligned with Glenbrook, to recognize the power of their votes. Casting votes using Bulldog's GREEN Proxy Card not only supports Bulldog's Slate but also enables cumulative voting, amplifying the impact of each shareholder’s influence. This process is designed to ensure that the collective voice of reclaiming shareholder value is heard loud and clear.

The Case for Change at Tejon

Many shareholders have sought change at Tejon Ranch for some time, and Glenbrook acknowledges the urgency for transformative action. The endorsement from CalSTRS is a significant step forward, demonstrating a collective recognition of the challenges Tejon faces and the potential for improvement under new leadership.

Engagement Encouraged from All Shareholders

Glenbrook warmly urges fellow shareholders to join them in voting FOR Item 4 and in favor of Bulldog's nominees. Their participation is not just welcomed; it is essential for fostering the change needed to guide Tejon Ranch in a direction that benefits all stakeholders involved.

Commitment to Transparency and Communication

As a shareholder, it is vital to stay informed about decisions that impact investments. Glenbrook emphasizes its commitment to transparent communication and will continue to provide updates as the annual meeting approaches. The aim is to ensure that shareholders are equipped with the necessary information to make informed voting decisions.

Media and Investor Contacts

For media inquiries, Glenbrook has positioned Taylor Ingraham as the primary contact. Investors can direct their concerns or inquiries to Richard Rudgley, President of Glenbrook Capital Management. Together, they are spearheading the effort to enhance engagement among shareholders, ensuring that every voice is counted in this crucial decision-making process.

Frequently Asked Questions

What is the significance of Bulldog's Slate?

Bulldog's Slate is aimed at providing new leadership for Tejon Ranch, focused on strategic growth and improving shareholder value.

How can I participate in the voting process?

Shareholders are encouraged to vote using Bulldog's GREEN Proxy Card to have their votes counted during the annual meeting.

Who should I contact for more information?

For media inquiries, contact Taylor Ingraham, or for investor questions, reach out to Richard Rudgley at Glenbrook Capital Management.

What does the shareholder proposal entail?

The proposal allows shareholders owning 10% of shares to call a special meeting, providing enhanced oversight and a clearer path for needed changes at Tejon.

Why is shareholder engagement essential?

Active participation from shareholders can substantially influence the direction of the company, ensuring management is held accountable and aligned with shareholder interests.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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