News Releases
News Releases
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Sep 1, 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") announced that Clayton Chun has joined the Company as corporate controller, and will be responsible for accounting, internal controls and...
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Aug 31, 2015Sale Reflects Strong Hawaii Real Estate Market Conditions
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX), today announced that it has completed the sale of an 11-acre site at Maui Business Park II for $39 a...
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Aug 6, 2015- Real estate operations continue to drive overall results, 6.5% increase in net income
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the second quarter of 2015 of $9.8 million, or $0.20 per diluted share, compared to earnings for the...
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Jul 28, 2015Kuriyama to Continue as Executive Chairman
The Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B") Board of Directors announced today the promotion of Christopher J. Benjamin as A&B's chief executive officer effective January 1, 2016. Benjamin...
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Jul 28, 2015
The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) today approved a third quarter 2015 dividend of $0.05 (5 cents) per share. The dividend is payable on September 3, 2015 to...
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May 7, 2015- Strong first quarter performance led by core operations
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the first quarter of 2015 of $25.3 million, or $0.51 per diluted share. Earnings for the first quarter of...
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Apr 28, 2015
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today approved a second quarter 2015 dividend of $0.05 (5 cents) per share. The dividend is payable on June 4, 2015 to shareholders...
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Apr 28, 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company) today announced that Jenai Sullivan Wall, chairman and chief executive officer of Foodland Super Market, Ltd. (Foodland), has been elected to...
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Mar 9, 2015
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Christopher Benjamin, president and chief operating officer, will present an overview of the company at Sidoti & Company's 19th Annual...
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Mar 2, 2015- Waihonua completed in November and all 340 units closed by January 2015
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced full-year 2014 operating profit before discontinued operations of $147.3 million, compared to $101.4 million for 20131....
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Feb 24, 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) will report operating and financial results for the fourth quarter and full-year 2014 at 4 p.m. ET on Monday, March 2, 2015. In connection with this...
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Jan 27, 2015
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today approved a first quarter 2015 dividend of $0.05 (5 cents) per share. The dividend is payable on March 5, 2015 to shareholders...
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Jan 8, 2015
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX), and Servco Pacific Inc. (Servco), Hawaii's largest automotive company, today announced that A&B...
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Dec 9, 2014
Alexander & Baldwin, Inc. (NYSE:ALEX) today announced that it recently closed three sales at its Maui Business Park II project. The first was a $7.1 million sale that closed on November 6 of a...
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Nov 5, 2014- Real Estate earnings up 49% for the quarter
Alexander & Baldwin, Inc. (NYSE:ALEX)("A&B" or "Company") today announced net income for the third quarter of 2014 of $10.2 million, or $0.21 per diluted share, compared to adjusted net income for...
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Oct 28, 2014
The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) today approved an increase in the fourth quarter 2014 dividend from $0.04 (4 cents) per share to $0.05 (5 cents) per share. The...
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Oct 6, 2014
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX), today announced that it has completed the land acquisition for the development of The Collection...
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Aug 7, 2014- Development & Sales operating profit increases
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the second quarter of 2014 of $9.2 million, or $0.19 per diluted share, compared to net income for the...
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Aug 4, 2014
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX), has received final zoning approval for its planned 95-acre Kihei Residential project in Kihei, Maui....
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Jul 29, 2014
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today approved a third quarter 2014 dividend of $0.04 (4 cents) per share. The dividend is payable on September 4, 2014 to...
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May 8, 2014-Development & Sales segment drives first quarter results
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the first quarter of 2014 of $33.4 million, or $0.68 per diluted share, compared to net income for the...
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Apr 29, 2014
The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) today approved a second quarter 2014 dividend of $0.04 (4 cents) per share. The dividend is payable on June 5, 2014 to shareholders...
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Mar 13, 2014
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Christopher Benjamin, president and chief operating officer, will present an overview of the company at Sidoti & Company's 18th Annual...
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Feb 20, 2014- Strong 4th quarter results drive full-year 2013 net income growth
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced fourth quarter 2013 net income of $22.5 million, or $0.46 per diluted share (and adjusted net income of $22.6 million, or...
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Jan 28, 2014
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a first quarter 2014 dividend of $0.04 (4 cents) per share. The dividend is payable on March 6, 2014 to shareholders...
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Nov 22, 2013
A&B Properties, Inc., a wholly owned subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B"), announced today that it has agreed to sell Maui Mall to a partnership of Denver-based Alberta...
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Nov 20, 2013Purchase of one of Hawaii's finest real estate portfolios dramatically advances A&B's strategy of migrating its Mainland portfolio to Hawaii
Alexander & Baldwin, Inc. (NYSE: ALEX) ("Company" or "A&B") announced today that it has agreed to acquire a portfolio of commercial properties in Hawaii from Kaneohe Ranch and the Harold K. L....
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Nov 7, 2013-- Hawaii migration strategy advances with closing of Pearl Highlands Center and sales of Mainland commercial properties
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company) today announced adjusted net income for the third quarter of 2013 of $5.6 million, or $0.13 1 per diluted share, compared to adjusted net...
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Nov 1, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX)(A&B or Company) today announced that Grace Pacific LLC (Grace) Chief Executive Officer David C. Hulihee has been appointed to the A&B board of directors,...
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Oct 1, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") announced that it has completed several transactions that further the execution of its post-separation strategies, including the sale of...
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Oct 1, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") announced that it has completed its acquisition of GPC Holdings, the holding company for Grace Pacific LLC ("Grace"). As a result of the...
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Oct 1, 2013
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a fourth quarter 2013 dividend of $0.04 (4 cents) per share. The dividend is payable on December 5, 2013 to...
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Sep 24, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Christopher Benjamin, president and chief operating officer, will present an overview of the company at the 2013 JMP Securities...
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Sep 17, 2013Company's largest commercial property acquisition advances Hawaii focus
A&B Properties, Inc. ("A&B Properties"), a wholly owned subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B") announced today that it has closed the purchase of Pearl Highlands Center, a...
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Sep 10, 2013Unique Opportunity to Create Value Uplift in Honolulu's Premier Residential Neighborhood
A&B Properties, Inc. ("A&B Properties"), a wholly owned subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX) ("Company" or "A&B"), announced today that it has acquired a portfolio of 31 properties...
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Aug 8, 2013-- Major investment activity highlights the quarter, furthers strategic agenda
Alexander & Baldwin, Inc. (NYSE:ALEX)(A&B or Company) today announced adjusted net income for the second quarter of 2013 of $6.5 million, or $0.15 1 per diluted share, compared to adjusted net...
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Aug 1, 2013
Alexander & Baldwin, Inc. (NYSE:ALEX) will report operating and financial results for the second quarter of 2013 at 4 p.m. ET on Thursday, August 8, 2013. In connection with this announcement, A&B...
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Jun 24, 2013Include multimedia assets in your release for better visibility
Educating your customers and prospects by sharing expertise and insight is at the heart of content marketing. According to a recent article by Joe Pulizzi,...
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Jun 6, 2013Two Kama'aina Firms to Join Forces
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") and Grace Pacific Corporation ("Grace") today announced that they have entered into a definitive merger agreement for A&B to acquire the...
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May 30, 2013Company's largest commercial property acquisition advances Hawaii focus
Alexander & Baldwin, Inc. (NYSE: ALEX) ("Company" or "A&B") announced today that its real estate subsidiary, A&B Properties, Inc., has agreed to acquire Pearl Highlands Center, a 415,000...
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May 23, 2013Furthers strategy of migrating commercial portfolio back to Hawaii
Alexander & Baldwin, Inc. (NYSE: ALEX) (Company or A&B) announced today that its real estate subsidiary, A&B Properties, Inc., has completed the acquisition of Napili Plaza, a 46,000-square foot...
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May 9, 2013-- Substantial progress made in executing post-separation strategies
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company) today announced net income for the first quarter of 2013 of $5.0 million, or $0.12 per diluted share, compared to adjusted net income for the...
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May 3, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Christopher Benjamin, president and chief operating officer, will present an overview of the company at the 12th Annual JMP Securities...
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May 2, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX) will report operating and financial results for the first quarter of 2013 at 4 p.m. ET on Thursday, May 9, 2013. In connection with this announcement, A&B...
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Apr 9, 2013
A&B Properties, Inc., a wholly owned real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B), and landowner Kamehameha Schools today announced that they are unveiling plans for a...
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Feb 19, 2013-- Historic mid-year separation of Alexander & Baldwin and Matson
Alexander & Baldwin, Inc. (NYSE:ALEX)(A&B or Company) today announced full-year 2012 adjusted net income of $32.3 million, or $0.75 per diluted share[1], which excludes charges associated with the...
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Jan 23, 2013
Alexander & Baldwin, Inc. (NYSE: ALEX) (Company or A&B) announced today, that its real estate subsidiary, A&B Properties, Inc., has completed the acquisition of Waianae Mall, a 170,300-square...
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Jan 3, 2013-- Over 75 percent of units pre-sold under binding contracts
Alexander & Baldwin, Inc. (NYSE:ALEX) announced that as of today, its joint venture, Kewalo Development LLC, has pre-sold 274 units at its 341-unit Waihonua high-rise development located in urban...
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Dec 27, 2012Island to Benefit From Clean, Renewable Energy
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) and Kaua'i Island Utility Cooperative (KIUC) today jointly announced the completion of construction of A&B's 6‑megawatt solar PV (photo-voltaic)...
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Dec 17, 2012
Alexander & Baldwin, Inc. (NYSE: ALEX)(A&B or Company) announced that Scott W. Hayashi has joined the Company as director, tax, effective today. He will oversee tax compliance, income tax...