AMREP Corp. Files 8-K on Operations and Shareholder Matters
Ticker: AXR · Form: 8-K · Filed: Sep 13, 2024 · CIK: 6207
| Field | Detail |
|---|---|
| Company | Amrep CORP. (AXR) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: operations, financial-condition, shareholder-vote
TL;DR
AMREP filed an 8-K detailing financial results and shareholder votes. Check it for operational updates.
AI Summary
AMREP Corporation filed an 8-K on September 13, 2024, reporting on its results of operations, financial condition, and submission of matters to a vote of security holders. The filing also includes financial statements and exhibits. AMREP Corporation is a land subdivider and developer based in Havertown, PA.
Why It Matters
This 8-K filing provides crucial updates on AMREP Corporation's financial performance and corporate governance, which are important for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting on operational and financial matters, with no immediate indication of significant adverse events.
Key Players & Entities
- AMREP CORP. (company) — Registrant
- September 13, 2024 (date) — Date of earliest event reported
- Havertown, PA (location) — Business Address City, State
- Oklahoma (location) — State of Incorporation
FAQ
What specific items are being reported under 'Results of Operations and Financial Condition'?
The filing indicates that results of operations and financial condition are being reported, but the specific details of these results are not provided in the provided text snippet.
What matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote of security holders, but the nature of these matters is not detailed in the provided text.
What is the SIC code for AMREP CORP. and what does it represent?
The SIC code for AMREP CORP. is 6552, which represents 'LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES)'.
When was AMREP CORP. previously known as AMERICAN REALTY & PETROLEUM CORP?
AMREP CORP. was formerly known as AMERICAN REALTY & PETROLEUM CORP. with a date of name change in 19671019.
What is the business address and phone number for AMREP CORP.?
The business address for AMREP CORP. is 850 WEST CHESTER PIKE, SUITE 205, HAVERTOWN, PA 19083, and the business phone number is 610-487-0905.
Filing Stats: 698 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-09-13 16:34:17
Filing Documents
- tm2424018d1_8k.htm (8-K) — 35KB
- tm2424018d1_ex99-1.htm (EX-99.1) — 12KB
- 0001104659-24-099835.txt ( ) — 220KB
- axr-20240913.xsd (EX-101.SCH) — 3KB
- axr-20240913_lab.xml (EX-101.LAB) — 33KB
- axr-20240913_pre.xml (EX-101.PRE) — 22KB
- tm2424018d1_8k_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On September 13, 2024, AMREP Corporation issued a press release that reported its results of operations for the three month period ended July 31, 2024. The press release is being furnished with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 2.02 of this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
07 Submission of Matters
Item 5.07 Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Shareholders of the Company was held on September 12, 2024. At the meeting, shareholders holding an aggregate of 3,435,039 shares of common stock, par value $.10, of the Company out of a total of 5,287,449 shares outstanding and entitled to vote, were present in person or represented by proxy. At the meeting, Edward B. Cloues, II and Christopher V. Vitale were elected as directors of the Company in Class I by the final votes set forth opposite their names below, to hold office until the 2027 Annual Meeting of Shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Votes Edward B. Cloues, II 2,454,986 980,053 - Christopher V. Vitale 3,420,152 14,887 - The following proposal was voted on and approved at the meeting: Proposal Votes For Votes Against Abstentions Broker Non-Votes Advisory vote on the compensation paid to the Company's named executive officers 3,297,122 134,141 3,776 -
01 Financial
Item 9.01 Financial (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated September 13, 2024, issued by AMREP Corporation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMREP Corporation Date: September 13, 2024 By: /s/ Adrienne M. Uleau Adrienne M. Uleau Vice President, Finance and Accounting EXHIBIT INDEX Exhibit Number Description 99.1 Press Release, dated September 13, 2024, issued by AMREP Corporation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).