ALEXANDER & BALDWIN, INC. (NYSE:ALEX) Files An 8-K Regulation FD Disclosure
Item 7.01.Regulation FD Disclosure.
On March 1, 2017, Alexander Baldwin, Inc. (the Company) made
available on its website its Supplemental Information, which
provides certain supplemental operating and financial information
for its operating segments for the three months and year ended
December 31, 2016 and 2015. A copy of this Supplemental
Information is being furnished as Exhibit99.1 to this report.
Statements in this Supplemental Information that are not
historical facts, including potential benefits, consequences and
impact of a potential REIT conversion, are forward-looking
statements within the meaning of the Private Securities
Litigation Reform Act of 1995, that involve a number of risks and
uncertainties that could cause actual results to differ
materially from those contemplated by the relevant
forward-looking statement. These forward-looking statements
include, but are not limited to, the Companys plans regarding (i)
the possibility of converting to a REIT and the timing thereof,
(ii) the potential advantages, benefits and impact of, and
opportunities created by, converting certain assets into a REIT.
Such forward-looking statements are subject to certain risks,
uncertainties and assumptions, including prevailing market
conditions.
These forward-looking statements are not guarantees of future
performance. The information contained in this Supplemental
Information should be read in conjunction with Alexander Baldwin,
Inc.s most recent Form 10-K and other filings with the SEC, which
identify important factors that could affect the forward-looking
statements in this Supplemental Information. We do not undertake
any obligation to update the Companys forward-looking statements.
Item 9.01.Financial Statements and Exhibits.
| (d) | Exhibits |
| 99.1 |
Alexander Baldwin, Inc.s Supplemental Information, for the three months and year ended December 31, 2016 and 2015. |
About ALEXANDER & BALDWIN, INC. (NYSE:ALEX)
Alexander & Baldwin, Inc. (A&B) is engaged in real estate development, real estate leasing, materials and construction, and agribusiness. The Company operates in four segments: Real Estate Development and Sales, Real Estate Leasing, Materials and Construction, and Agribusiness. Real estate activities are conducted through A&B Properties, Inc. and other subsidiaries of A&B. The Real Estate Development and Sales segment is engaged in program of land stewardship, planning, entitlement, development, real estate investment, and sale of land and commercial and residential properties. The Real Estate Leasing segment owns, operates and manages a portfolio of over 60 retail, office and industrial properties in Hawaii and on the Mainland. The Materials and Construction segment performs asphalt paving as prime contractor and subcontractor. The Agribusiness segment consists of sugar plantation on the island of Maui, operated by its Hawaiian Commercial & Sugar Company (HC&S) division. ALEXANDER & BALDWIN, INC. (NYSE:ALEX) Recent Trading Information
ALEXANDER & BALDWIN, INC. (NYSE:ALEX) closed its last trading session down -1.27 at 44.83 with 209,951 shares trading hands.
