Kanza Announces Second Round of Equity Retirement
Sep 08, 2026
The Kanza Cooperative Association Board of Directors is pleased to announce that they have approved a second equity retirement of $1 million. This retirement follows an initial $1.4 million redemption in July.
“Our board takes its responsibility to our members seriously,” says Kanza CEO Alan Woodard. “They recognize that while there are many important priorities competing for investment, it’s important to balance those needs with continued equity redemption. That commitment is part of what makes the cooperative system work.”
Members with eligible equity in this retirement will receive payment later this month. This will be another partial retirement of FY2013 equity.
Equity Retirement Facts
What equity is being retired?
The oldest equity will be retired first. Currently, Kanza’s oldest equity is from 2013. This retirement will only be a part of that year’s equity. Remaining balances from that year will be next in line when a future retirement occurs.
Who will receive a payment?
Kanza members who have equity in their name from the year 2013 and have met the total base capital requirement of $2,500 will be eligible for a payment from this allocation.
What is base capital?
Base capital is a member’s long-term investment in the cooperative. As equity allocations are made to a new membership account, base capital is built. Once a member reaches $2,500, future equity allocations become eligible for retirement.
“Our board takes its responsibility to our members seriously,” says Kanza CEO Alan Woodard. “They recognize that while there are many important priorities competing for investment, it’s important to balance those needs with continued equity redemption. That commitment is part of what makes the cooperative system work.”
Members with eligible equity in this retirement will receive payment later this month. This will be another partial retirement of FY2013 equity.
Equity Retirement Facts
What equity is being retired?
The oldest equity will be retired first. Currently, Kanza’s oldest equity is from 2013. This retirement will only be a part of that year’s equity. Remaining balances from that year will be next in line when a future retirement occurs.
Who will receive a payment?
Kanza members who have equity in their name from the year 2013 and have met the total base capital requirement of $2,500 will be eligible for a payment from this allocation.
What is base capital?
Base capital is a member’s long-term investment in the cooperative. As equity allocations are made to a new membership account, base capital is built. Once a member reaches $2,500, future equity allocations become eligible for retirement.