secwatch.observer — SEC 8-K summary
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Issuer:     Apple Hospitality REIT, Inc. (APLE)
CIK:        0001418121
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0000950170-23-023447
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418121/000095017023023447/0000950170-23-023447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418121/000095017023023447/aple-20230518.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-023447

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer