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MarketScreener Homepage  >  Equities  >  Nyse  >  AMREP Corporation    AXR

AMREP CORPORATION

(AXR)
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AMREP CORP. : Other Events (form 8-K)

10/27/2020 | 04:18pm EST

Item 8.01 Other Events.

Refer to the current report on Form 8-K of AMREP Corporation (the "Company"), dated September 11, 2020, which was filed with the Securities and Exchange Commission on September 11, 2020, for detail regarding the Company's share repurchase program.

On October 27, 2020, the Company acquired 675,616 shares of common stock of the Company, representing 8.3% of the Company's outstanding shares, at a price of $6.18 per share in a privately negotiated transaction pursuant to its share repurchase program. As of the date of the repurchase, the repurchased shares were retired and returned to the status of authorized but unissued shares of common stock.

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2020 18,8 M - -
Net income 2020 -5,90 M - -
Net cash 2020 13,5 M - -
P/E ratio 2020 -6,63x
Yield 2020 -
Capitalization 58,3 M 58,3 M -
EV / Sales 2019 2,60x
EV / Sales 2020 1,37x
Nbr of Employees 16
Free-Float 41,1%
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Managers and Directors
NameTitle
Christopher V. Vitale President & Chief Executive Officer
Edward B. Cloues Non-Executive Chairman
Adrienne M. Uleau Controller, Vice President-Finance & Accounting
Albert V. Russo Independent Director
Robert Edward Robotti Independent Director
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