FORESTAR GROUP INC. (NYSE:FOR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 28, 2017, William J. Powers, Jr. notified Forestar Group Inc. (the “Company”) of his decision to retire from the Board of Directors of the Company upon the expiration of his term immediately following the 2017 annual meeting of stockholders. The Company expresses its gratitude to Mr. Powers for his wise counsel and dedicated service.
About FORESTAR GROUP INC. (NYSE:FOR)
Forestar Group Inc. is a residential and mixed-use real estate development company. The Company operates through three segments: Real Estate, Oil and Gas, and Other Natural Resources. Its Real Estate segment secures entitlements and develops infrastructure on its lands for single-family residential and mixed-use communities, and manages its undeveloped land, commercial and income producing properties, mainly a hotel and its multifamily properties. Its Oil and Gas segment is an independent oil and gas exploration, development and production operation and manages its owned and leased mineral interests. Its Other Natural Resources segment manages its timber, recreational leases and water resource initiatives. The Company owns directly or through ventures interests in approximately 60 residential and mixed-use projects consisting of over 7,000 acres of real estate located in approximately 10 states and approximately 20 markets. FORESTAR GROUP INC. (NYSE:FOR) Recent Trading Information
FORESTAR GROUP INC. (NYSE:FOR) closed its last trading session down -0.05 at 14.15 with 794,707 shares trading hands.