LA JOLLA, Calif., Feb. 13, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO) today announced that the Company will host an investor conference call and audio webcast on Thursday, March 2, 2017 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2016.
To participate on the call please dial 1-844-792-3731 in the U.S. or 1-412-317-5124 outside the U.S., or visit the Investors section of PICO's web site at www.picoholdings.com for a live and archived webcast.
A telephone replay of the conference call will available through March 10, 2017 at 1-877-344-7529 (U.S.) or 1-412-317-0088 (outside the U.S.) using replay access code 10101531.
About PICO Holdings
PICO Holdings is a diversified holding company. 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.
As of September 30, 2016, our two major investments were:
Vidler Water Company, Inc., a water resource development business; and a 56.9% interest in UCP, Inc. (NYSE: UCP), a publicly-traded homebuilder and land developer in markets located in California, Washington State, North Carolina, South Carolina and Tennessee.
Financial Profiles, Inc. Lisa Mueller (310) 478-2700 PICO@finprofiles.com
Source:PICO Holdings, Inc.