FRP HOLDINGS, INC. (NASDAQ:FRPH) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Securities Holders.
On May 6, 2020, FRP Holdings, Inc. (the “Company”) held its 2020 Annual Meeting of Shareholders (the “Annual Meeting”). There were 9,821,435 shares of Company common stock entitled to be voted. Of this amount, 9,258,280 shares were represented in person or by proxy at the meeting. Voting results for each matter submitted to a vote at the 2020 Annual Meeting are set forth below:
| 7,887,953 | 31,869 | 15,606 | 1,322,852 |
Item 7.01 Regulation FD Disclosure.
On May 6, 2020, the board of directors of the Company increased the existing stock repurchase authorization by an additional $10,000,000.
About FRP HOLDINGS, INC. (NASDAQ:FRPH)
FRP Holdings, Inc. is a holding company engaged in various real estate businesses. The Company conducts its business through its subsidiaries, FRP Maryland, Inc., FRP Development Corp. and Florida Rock Properties, Inc. The segments of the Company include leasing and management of warehouse and office building owned by the Company (the Asset Management Segment), leasing and management of mining royalty land owned by the Company (the Mining Royalty Lands Segment) and real property acquisition, entitlement, development and construction primarily for warehouse and office buildings (the Land Development and Construction Segment). The Company’s Asset Management Segment owns leases and manages warehouse and office buildings. Its Mining Royalty Lands Segment owns several properties comprising approximately 15,000 acres under lease for mining rents or royalties. Its Land Development and Construction Segment owns and monitors the parcels of land that are in various stages of development.