Alexander & Baldwin, INC
Market Movers (8-K)
Alexander & Baldwin has completed its acquisition by a joint venture of MW Group, Blackstone Real Estate, and DivcoWest for an enterprise value of $2.3 billion, taking the company private.
Alexander & Baldwin, Inc. has filed supplemental disclosures to its definitive proxy statement in response to shareholder lawsuits and demand letters challenging the proposed merger with Tropic Purchaser LLC.
Alexander & Baldwin will be acquired by an investor group for $21.20 per share in cash, representing a 40% premium.
Capital raise
Better than expected
Alexander & Baldwin, Inc. amended its credit facility, adding a new $200 million term loan to enhance financial flexibility and repay its revolving credit balance.
Better than expected
Alexander & Baldwin, Inc. reported strong third-quarter results, exceeding expectations and prompting an increase in full-year FFO guidance.
Better than expected
Alexander & Baldwin, Inc. announced the retirement of Meredith J. Ching, Executive Vice President, External Affairs, effective December 31, 2025.
Quarterly Earnings (10-Q)
Alexander & Baldwin reports mixed Q3 2025 results with strong Commercial Real Estate performance offset by reduced Land Operations revenue, while nine-month net income increased significantly.
Capital raise
10-Q: Alexander & Baldwin Reports Strong Q2 Earnings Driven by Real Estate Gains and Core Business Growth
Alexander & Baldwin, Inc. announced a significant increase in net income and earnings per share for the second quarter and first half of 2025, primarily fueled by a favorable resolution of a prior land sale contract and solid performance in its Commercial Real Estate segment.
Better than expected
Capital raise
Alexander & Baldwin's Q1 2025 shows increased Commercial Real Estate revenue offset by a decrease in Land Operations revenue.
Capital raise
Alexander & Baldwin's Q3 2024 results show significant growth in operating revenue and profit, primarily driven by land sales and improved commercial real estate performance.
Better than expected
Capital raise
Alexander & Baldwin's second quarter results show a decrease in revenue but an increase in operating profit, influenced by land sales and strategic adjustments.
Worse than expected
Capital raise
10-Q: Alexander & Baldwin Reports Strong First Quarter Results Driven by Land Sales and Real Estate Gains
Alexander & Baldwin's first quarter of 2024 saw a significant increase in net income, driven by strong land sales and improved performance in the commercial real estate sector.
Better than expected
Capital raise
Annual Reports (10-K)
Alexander & Baldwin, a Hawaii-focused REIT, reported mixed financial results for 2025 with a pending merger expected to close in Q1 2026 at $21.20 per share.
Delay expected
Capital raise
Alexander & Baldwin's 2024 annual report highlights increased operating revenue and net income, driven by strong performance in both its Commercial Real Estate and Land Operations segments.
Better than expected
Capital raise
Alexander & Baldwin has amended and restated its deferred compensation plan to provide tax planning opportunities and supplemental funds for key employees upon retirement or death.
Delay expected
Insider Trading (Form 4)
Anthony J. Tommasino, Principal Accounting Officer of Alexander & Baldwin, Inc., reported the disposal of common stock and restricted stock units following the company's merger into Tropic Merger Sub LLC.
Senior Vice President Derek T. Kanehira disposed of Alexander & Baldwin shares following the company's merger into Tropic Merger Sub LLC for $20.85 per share.
Alexander & Baldwin's Chief Financial Officer, Clayton K Y Chun, reported a gift of shares and the cash conversion of his equity holdings following the company's merger at $20.85 per share.
Alexander & Baldwin Director Douglas M. Pasquale disposed of all his common stock and restricted stock units following the company's merger into Tropic Merger Sub LLC at $20.85 per share.
Alexander & Baldwin CEO Lance K. Parker reported the vesting of performance share units and subsequent tax-related stock disposition.
Scott G. Morita, Senior Vice President and Corporate Counsel at Alexander & Baldwin, reported the acquisition of shares from performance units and the disposition of shares for tax obligations.
Proxy Statements (Def-14A)
Alexander & Baldwin, Inc. shareholders are invited to vote on a merger agreement to be acquired by Tropic Purchaser LLC for $21.20 per share in cash, representing a 40% premium.
Delay expected
Better than expected
Capital raise
Alexander & Baldwin, Inc. will be acquired by an investor group including MW Group, Blackstone Real Estate, and DivcoWest for $21.20 per share in an all-cash transaction, taking the Hawaii-based real estate company private.
Better than expected
Capital raise
Alexander & Baldwin, Inc. has filed a definitive proxy statement with the SEC.
Alexander & Baldwin's 2025 proxy statement outlines key proposals for the annual shareholder meeting, including the election of directors, executive compensation, and the ratification of the independent accounting firm.
Better than expected
Alexander & Baldwin, Inc. files a definitive proxy statement with the Securities and Exchange Commission.
DEF 14A: Alexander & Baldwin's 2024 Proxy Statement: Executive Pay, Board Nominees, and Corporate Governance
Alexander & Baldwin's 2024 proxy statement outlines key information for shareholders regarding the annual meeting, director elections, executive compensation, and corporate governance practices.
Schedule 13G - Passive Investments
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 17.5% beneficial ownership stake in Alexander & Baldwin, Inc. as of March 31, 2025.