Welcome to our dedicated page for Alexander & Baldwin news (Ticker: ALEX), a resource for investors and traders seeking the latest updates and insights on Alexander & Baldwin stock.
Alexander & Baldwin, Inc. was a Hawai'i-focused commercial real estate investment trust that owned, operated and managed retail, industrial, office and ground lease assets in Hawai'i. Its recurring company updates covered operating and financial results, dividend declarations, supplemental portfolio information and capital-structure actions tied to its real estate platform.
Company news also included material agreements, credit-facility amendments, shareholder voting matters and governance developments. In 2026, Alexander & Baldwin's public-company history shifted to merger, delisting and deregistration matters following a completed merger and the termination of its Exchange Act reporting status.
On September 15, 2020, Alexander & Baldwin (NYSE:ALEX) announced participation in the Bank of America Merrill Lynch 2020 Global Real Estate Virtual Conference. Key executives, including CEO Chris Benjamin and CFO Brett Brown, will represent the company. Updated investor materials, including September collections data, are available on their website. A&B, a leading commercial real estate firm in Hawai'i, operates approximately 3.9 million square feet of commercial space and aims to strengthen its local portfolio while monetizing non-core assets.
Alexander & Baldwin (ALEX) announced participation in the virtual BMO Capital Markets 2020 Real Assets Conference on September 2-3, 2020. Key executives including Chris Benjamin, Brett Brown, and Lance Parker will represent the company. Investors can access materials from the conference on the company’s website. As the largest owner of grocery-anchored shopping centers in Hawai'i, A&B operates 3.9 million square feet of commercial space, focusing on expanding its Hawai'i CRE portfolio and monetizing non-core assets.
Alexander & Baldwin reported Q2 2020 financial results highlighting significant impacts from the COVID-19 pandemic. The company faced a 12.2% decline in Net Operating Income (NOI) and a 16.8% drop in Same-Store NOI compared to Q2 2019. While commercial real estate (CRE) revenue decreased by 13.0%, occupancy rates remained relatively stable at 94.6%. The company executed 42 leases, demonstrating resilience, while also closing several non-core asset sales to enhance liquidity. Due to market uncertainties, A&B suspended dividends and refrained from providing guidance.
Alexander & Baldwin (NYSE: ALEX) announced the retirement of Chairman Stan Kuriyama, effective September 30, 2020. He will be succeeded by Eric Yeaman, an independent director since 2012. John Leong has been appointed as an independent director, effective October 1, 2020, and will stand for election at the 2021 annual meeting. The board remains largely independent, reinforcing governance practices. This leadership transition aims to foster growth and uphold commitments to environmental and social stewardship.
Alexander & Baldwin (NYSE:ALEX) will announce its second-quarter 2020 results on August 6, 2020, after market close. A live conference call will follow at 5:00 p.m. ET, featuring presentations on financial performance by CEO Chris Benjamin and CFO Brett Brown. Investors can access the webcast via A&B's website, where presentation slides will also be available for download post-announcement. A&B is Hawaii's leading commercial real estate firm, owning approximately 3.9 million square feet of commercial space, focusing on strengthening its local portfolio while monetizing non-core assets.