Figma Shares Indicated To Open $105/$110
Alexanders Inc . (NYSE:ALX), a real estate investment trust with a market capitalization of $1.11 billion, announced the results of its 2025 Annual Meeting of Stockholders held on May 22, 2025. The company, currently trading near $216 per share, reported that approximately 94.87% of the outstanding shares were present or represented by proxy at the meeting.
During the meeting, two key proposals were voted upon. The first proposal involved the election of two nominees to the company’s Board of Directors for a three-year term. Steven Roth received 4,340,326 votes for and 229,755 withheld, with 275,427 broker non-votes. Wendy A. Silverstein garnered 4,419,673 votes for, 150,408 withheld, and also had 275,427 broker non-votes. According to InvestingPro, the company maintains a strong dividend track record, having paid dividends consistently for 16 years, with a current yield of 8.25%.
The second proposal was the ratification of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year 2025. This proposal received overwhelming support with 4,839,960 votes for, 4,717 against, and 831 abstentions.
In addition to the re-election of Roth and Silverstein, the company confirmed that Thomas R. DiBenedetto, David M. Mandelbaum, Mandakini Puri, Arthur I. Sonnenblick, and Russell B. Wright, Jr. will continue to serve as directors following the meeting.
The company also provided an exhibit as part of the filing: Cover Page Interactive Data File, which is embedded within the Inline XBRL document.
This announcement is based on information disclosed in a recent SEC filing by Alexanders Inc.
In other recent news, Vornado Realty Trust (NYSE:VNO) reported its financial performance for the first quarter of 2025, showcasing stable funds from operations (FFO) and strong leasing activity. The company achieved a comparable FFO of $0.63 per share, an increase from $0.55 in the same quarter of 2024. Vornado also highlighted significant lease agreements, including a 337,000 square foot deal with Universal Music Group (AS:UMG), contributing to an 84.4% occupancy rate in its New York offices. The company successfully reduced its debt by $915 million, enhancing its financial stability and increasing its cash reserves by $500 million. In addition to these developments, Vornado announced a major transaction with NYU at 770 Broadway, which is expected to be accretive by $25 million annually. Analysts have noted that Vornado anticipates significant earnings growth by 2027, largely driven by leasing activities in the Penn District. The company remains optimistic about the leasing environment, although it acknowledges potential macroeconomic uncertainties.
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