AMREP CORP. Files Definitive Proxy Statement

TL;DR

AMREP CORP. DEF 14A filed. Proxy materials for shareholders are out.

AI Summary

AMREP CORP. filed its definitive proxy statement (DEF 14A) on August 1, 2024, for its fiscal year ending April 30, 2024. The filing pertains to the company's annual meeting and related corporate governance matters. AMREP CORP. is a land subdivider and developer based in Havertown, PA.

Why It Matters

This filing provides shareholders with essential information regarding voting rights, executive compensation, and board nominations, enabling informed participation in corporate decision-making.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) providing information to shareholders, not indicating any immediate financial distress or significant operational changes.

Key Numbers

• 0430 — Fiscal Year End (Indicates the end of the reporting period for the company's financial statements.)

Key Players & Entities

• AMREP CORP. (company) — Registrant
• 850 WEST CHESTER PIKE (location) — Business and Mailing Address
• HAVERTOWN, PA (location) — City, State of Business and Mailing Address

FAQ

Filing Documents

• tm2420186d1_def14a.htm (DEF 14A) — 239KB
• tm2420186d1_def14aimg001.jpg (GRAPHIC) — 34KB
• tm2420186d1_def14aimg002.jpg (GRAPHIC) — 37KB
• tm2420186d1_def14aimg003.jpg (GRAPHIC) — 112KB
• tm2420186d1_def14aimg004.jpg (GRAPHIC) — 215KB
• 0001104659-24-084927.txt ( ) — 789KB

From the Filing

DEF 14A 1 tm2420186d1_def14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 AMREP CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 AMREP CORPORATION (an Oklahoma corporation) NOTICE OF 2024 ANNUAL MEETING OF SHAREHOLDERS September 12, 2024 NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Shareholders of AMREP Corporation (the “Company”) will be held at the Hilton Garden Inn, 3743 West Chester Pike, Newtown Square, Pennsylvania 19073 on September 12, 2024 at 9:00 A.M. Eastern Time for the following purposes: (1)To elect two directors in Class I to hold office until the 2027 annual meeting of shareholders and until their successors are elected and qualified; (2)To approve, on an advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the accompanying proxy statement; and (3)To consider and act upon such other business as may properly come before the meeting. In accordance with the Company’s By-Laws, the Board of Directors has fixed the close of business on July 19, 2024 as the record date for the determination of shareholders of the Company entitled to notice of and to vote at the meeting and any continuation or adjournment thereof. The list of such shareholders will be available for inspection by shareholders during the ten days prior to the meeting at the offices of the Company, 850 West Chester Pike, Suite 205, Havertown, Pennsylvania 19083. Whether or not you expect to be present at the meeting, please mark, date and sign the enclosed proxy card and return it to the Company in the self-addressed envelope enclosed for that purpose. The proxy is revocable and will not affect your right to vote in person in the event you attend the meeting. The accompanying proxy statement is dated August 1, 2024, and, together with the enclosed proxy card, is first being mailed to the shareholders of the Company on or about August 1, 2024. By Order of the Board of Directors Christopher V. Vitale, President, Chief Executive Officer and Secretary Dated: August 1, 2024 Havertown, Pennsylvania Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to be Held on September 12, 2024 The Proxy Statement and Annual Report to Shareholders are available at https://amrepcorp.com/static. Upon the written request of any shareholder of the Company, the Company will provide to such shareholder a copy of the Company’s annual report on Form 10-K for the year ended April 30, 2024, including the financial statements, filed with the Securities and Exchange Commission. Any request should be directed to AMREP Corporation, 850 West Chester Pike, Suite 205, Havertown, Pennsylvania 19083, Attention: Corporate Secretary. There will be no charge for such report unless one or more exhibits thereto are requested, in which case the Company’s reasonable expenses of furnishing exhibits may be charged. AMREP CORPORATION 850 West Chester Pike, Suite 205 Havertown, Pennsylvania 19083 PROXY STATEMENT ANNUAL MEETING OF SHAREHOLDERS To be Held at 9:00 A.M. Eastern Time on September 12, 2024 This proxy statement (the “Proxy Statement”) is furnished in connection with the solicitation of proxies by the Board of Directors (the “Board”) of AMREP Corporation (the “Company”) for use at the Annual Meeting of Shareholders of the Company to be held on September 12, 2024, and at any continuation or adjournment thereof (the “Annual Meeting”). The Annual Meeting will be held at the Hilton Garden Inn, 3743 West Chester Pike, Newtown Square, Pennsylvania 19073. The Annual Report of the Company on Form 10-K for the fiscal year ended April 30, 2024 filed on July 23, 2024 with the Securities and Exchange Commission is included in this mailing but does not constitute a part of the proxy solicitation material. This Proxy Statement and the accompanying Notice of 2024 Annual Meeting of Shareholders and proxy card are first being sent to shareholders on or about August 1, 2024. All references in this Proxy Statement to 2025, 2024, 2023, 2022 and 2021 mean the Company’s fiscal years ended April 30, 2

View Full Filing

View this DEF 14A filing on SEC EDGAR