News Releases

News Releases

23 Dec / 2013

Consolidated Tomoka Announces Closing of Land Transactions

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the “Company”) announced that is has closed on the sale of approximately 6.23 acres to CarMax for approximately $1.05 million, or approximately $168,500 per acre. The parcel sold to CarMax is next to Furniture Row
06 Dec / 2013

Consolidated Tomoka Announces Recent Activity

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the “Company”) today announced the completion of the sale of approximately 3.4 acres to RaceTrac Petroleum, Inc. (“RaceTrac”) for approximately $1.3 million, or approximately $382,000 per acre.
29 Oct / 2013

Consolidated-Tomoka Land Co.’s $3.8 Million Judgment Upheld

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Today, the Fifth District Court of Appeal ruled in favor of Consolidated-Tomoka Land Co., in the appeal entitled Branch Banking and Trust Company v. Consolidated-Tomoka Land Co., Case No. 5D12-3323, Fifth District Court of Appeal for the State of Florida.
23 Oct / 2013

Consolidated-Tomoka Land Co. Declares $0.03 Dividend

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- At its regularly scheduled meeting of the Board of Directors held today, Consolidated-Tomoka Land Co. (NYSE MKT:CTO) declared a semi-annual dividend of $0.03 per share payable on November 26, 2013 to shareholders of record on November 8, 2013. Jeffry B.
24 Sep / 2013

Consolidated Tomoka Announces Amendment to Oil Exploration Lease

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the “Company”) today announced the amendment of its eight-year oil exploration lease on approximately 136,000 net mineral acres in Hendry and Lee Counties, Florida, that was originally executed in 2011.
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