Company Returns to ALEX Trading Symbol
HONOLULU--(BUSINESS WIRE)--Apr. 30, 2009--
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:AXB) today
announced a second-quarter 2009 dividend of 31.5 cents per share,
payable on June 4, 2009 to shareholders of record as of the close of
business on May 14, 2009.
“Alexander & Baldwin (A&B) continues its outstanding history of 106
years of consecutive dividends, a reflection of the Board’s confidence
in our current operations and the prospects for growth in the coming
years,” said Allen Doane, chairman and chief executive officer of A&B.
In a separate matter, the Company also announced that its stock will
trade under its historic ticker symbol, ALEX, on the New York Stock
Exchange (“NYSE”), starting on Wednesday, May 6. “ALEX is a return to
our roots as a publicly traded company, and, coupled with the prestige,
visibility and efficient trading platform of NYSE, symbolizes the
marriage of our storied past and bright future.”
Alexander & Baldwin, Inc., headquartered in Honolulu, is engaged in
ocean transportation and logistics services, through its subsidiaries,
Matson Navigation Company, Inc., Matson Integrated Logistics, Inc. and
Matson Global Distribution Services; in real estate, through A&B
Properties, Inc.; and in agribusiness, through Hawaiian Commercial &
Sugar Company and Kauai Coffee Company, Inc. Additional information
about A&B may be found at its web site: www.alexanderbaldwin.com.
Source: Alexander & Baldwin, Inc.
Alexander & Baldwin, Inc.
Meredith J. Ching, 808-525-6669
L. Halloran, 808-525-8422 (Investor Relations)