News Releases

May 18, 2000

Summary ToggleJames S. Andrasick Joins A&B as Chief Financial Officer

Former C. Brewer Executive Assumes Responsibilities June 1 HONOLULU--(BUSINESS WIRE)--May 18, 2000--Alexander & Baldwin, Inc. (A&B) (NASDAQ:ALEX - news) President and Chief Executive Officer W. Allen Doane today announced the appointment of James S. Andrasick to the position of senior vice
April 27, 2000

Summary ToggleA&B 2nd Quarter 2000 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--April 27, 2000--The Board of Directors of Alexander & Baldwin Inc. (Nasdaq:ALEX - news) today announced a second-quarter 2000 dividend of 22.5 cents per share, payable on June 1, 2000 to shareholders of record as of the close of business on May 8, 2000.
April 21, 2000

Summary ToggleMatson Adds Seventh Ship to Hawaii Service Fleet

SAN FRANCISCO--(BUSINESS WIRE)--April 21, 2000--In response to the strengthening Hawaii economy and the concurrent increase in market demand, Matson Navigation Company is adding capacity and increasing service frequency to its Hawaii Service. Effective May 14, Matson will add a seventh vessel to
April 20, 2000

Summary ToggleA&B Reports First-Quarter 2000 Income

HONOLULU--(BUSINESS WIRE)--April 20, 2000--Alexander & Baldwin, Inc. (Nasdaq: ALEX - news ) today reported first-quarter 2000 net income of $26,431,000, or $0.63 per share, after an accounting change. The accounting change resulted in a one-time, non-cash increase to first-quarter 2000 earnings of
March 20, 2000

Summary ToggleMatson to Raise Fuel Surcharge to 3.25%

Due to steadily escalating costs in bunker fuel, Matson Navigation Company is increasing its fuel surcharge from 2.25 percent to 3.25 percent in its Hawaii and Guam services, effective April 2, 2000. The fuel surcharge was filed with the Surface Transportation Board today.
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,