Apple Hospitality REIT extends share repurchase program with $338.7M authorization through July 2024

Apple Hospitality REIT, Inc.

Board extended existing share repurchase program to July 2024, authorizing up to $338.7M in common share repurchases.
All nine director nominees elected; Ernst & Young LLP ratified as auditor for 2023.
Advisory say-on-pay approved with 177.4M votes for; board adopts annual frequency for future votes.
Repurchases may occur in open market, via 10b5-1 plans, or privately; timing depends on market conditions.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Apple Hospitality REIT, Inc. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-18 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-05-18

Exact text from the filing

The Company’s shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. This proposal received the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 193,075,756 5,234,881 578,342 -

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Apple Hospitality REIT, Inc. shareholders approved Election of nine directors to the Board of Directors at the 2023-05-18 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-05-18

Exact text from the filing

The Company’s shareholders elected the nine director nominees named in the proxy statement with the following votes: NOMINEE FOR WITHHELD BROKER NON-VOTES Glenn W. Bunting 179,827,798 2,813,423 16,247,758 Jon A. Fosheim 179,534,644 3,106,577 16,247,758 Kristian M. Gathright 173,108,248 9,532,973 16,247,758 Carolyn B. Handlon 181,033,958 1,607,263 16,247,758 Glade M. Knight 169,762,299 12,878,922 16,247,758 Justin G. Knight 180,980,542 1,660,679 16,247,758 Blythe J. McGarvie 178,896,254 3,744,967 16,247,758 L. Hugh Redd 180,538,077 2,103,144 16,247,758 Howard E. Woolley 179,733,511 2,907,710 16,247,758

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Apple Hospitality REIT, Inc. shareholders approved Advisory vote regarding approval of compensation paid to the Company's named executive officers at the 2023-05-18 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-05-18

Exact text from the filing

The Company’s shareholders voted on the advisory resolution to approve the compensation paid to the Company’s named executive officers with the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 177,416,192 4,509,497 715,532 16,247,758

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Apple Hospitality REIT, Inc. shareholders approved Advisory vote regarding frequency of shareholder voting on executive compensation (1 year) at the 2023-05-18 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-05-18

Exact text from the filing

The Company’s shareholders voted on the advisory resolution regarding the frequency of shareholder approval of compensation paid to the Company’s named executive officers: 1 Year 2 Years 3 Years ABSTAIN BROKER NON-VOTES 177,445,038 178,022 4,361,883 656,278 16,247,758

View on SEC.gov

593 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Apple Hospitality REIT, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-023447

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.