News Releases

January 28, 2000

Summary ToggleA&B Reports Full Year 1999 Results

Excluding One-Time Items, A&B's 1999 EPS 26-Percent Higher Honolulu (January 28, 2000) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported that its net income for all of 1999 was $62,579,000, or $1.45 per share, versus $25,142,000, or $0.56 per share, in 1998.
January 27, 2000

Summary ToggleA&B 1st-Quarter 2000 Dividend Authorized

 Honolulu (January 27, 2000) -- The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a first-quarter 2000 dividend of 22.5 cents per share, payable on March 2, 2000 to shareholders of record as of the close of business on February 14, 2000.
January 26, 2000

Summary ToggleMatson to Increase Fuel Surcharge to 2.25%

Due to steadily escalating costs in bunker fuel, Matson Navigation Company is increasing its fuel surcharge from 1.75 percent to 2.25 percent in its Hawaii and Guam services, effective February 20, 2000. The fuel surcharge was filed with the Surface Transportation Board today.
December 10, 1999

Summary ToggleBoard Increases A&B Stock Repurchase Authorization

One Million Shares Added Honolulu (December 10, 1999) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced that its board of directors increased by one million the number of shares of its common stock authorized for repurchase. "We continue to believe that A&B's shares are a good value in
October 12, 1999

Summary ToggleHC&S to Manufacture New Export Product, Compak Panel Board

Puunene, Maui, Hawaii – Beginning next fall, Hawaiian Commercial & Sugar Company will manufacture a new product, premium composite panel board, using bagasse (cane fiber), a byproduct of sugar production. G. Stephen Holaday, HC&S' general manager, signed an agreement today with Graham Heslop,
August 26, 1999

Summary ToggleAlexander & Baldwin, Inc. Names Charles M. Stockholm Chairman

HONOLULU--(BUSINESS WIRE)--Aug. 26, 1999--The Board of Directors of Alexander & Baldwin, Inc. (A&B) announced at its regular meeting today, August 26, 1999, that Charles M. Stockholm was named its non-executive Chairman of the Board, succeeding R. J. Pfeiffer, who becomes Chairman Emeritus.