Information regarding an increase in the Company\’s share repurchase program can be found in the press release issued by the Company on January 31, 2020, a copy of which is attached hereto as Exhibit 99.1

(d) Exhibits.

The information contained in this Current Report, including the exhibit hereto, shall not be deemed\”filed\” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the \”Exchange Act\”) or incorporated by reference in any filing under the Securities Act of 1933, as amended (the \”Securities Act\”). or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

PICO HOLDINGS INC /NEW Exhibit
EX-99.1 2 ex992pressrelease1.htm PRESS RELEASE INCREASE IN THE AUTHORIZATION OF ITS STOCK REPURCHASE PROGRAM Exhibit PICO Holdings,…
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About PICO HOLDINGS, INC. (NASDAQ:PICO)

PICO Holdings, Inc. (PICO) is a holding company. The Company’s segments include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. PICO’s subsidiary, Vidler Water Company, Inc. (Vidler), acquires and develops water resources and water storage operations in the southwestern United States, with assets and operations in Nevada, Arizona, Colorado and New Mexico. PICO develops new sources of water for municipal and industrial use, either from existing supplies of water, such as water used for agricultural purposes, acquiring unappropriated water, or discovering new water sources. The Real Estate Operations are conducted through UCP, Inc., which is a homebuilder and land developer in markets located in California, Washington State, North Carolina, South Carolina and Tennessee. The Corporate segment includes its investments in small businesses, typically venture capital-type situations and also includes the results from a portfolio of equity securities.