tiprankstipranks
Apple Hospitality REIT’s Annual Meeting Outcomes and Share Buyback Extension
Company Announcements

Apple Hospitality REIT’s Annual Meeting Outcomes and Share Buyback Extension

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Apple Hospitality REIT (APLE) has issued an update.

On May 23, 2024, Apple Hospitality REIT, Inc. conducted its Annual Meeting, resulting in the election of nine directors to its Board, ratification of KPMG LLP as its accounting firm for the year, approval of executive compensation, and endorsement of the 2024 Omnibus Incentive Plan. Additionally, the Board approved an extension of the Company’s share repurchase program until July 2025, allowing for the buyback of up to $335.4 million in common shares, subject to market conditions and other factors influencing the repurchase decisions.

For detailed information about APLE stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App