home · filing · 0001814974-21-000077
8-K
filed September 22, 2021, 7:59 PM ET
ticker BBXIB
CIK 0001814974
other material
confidence high
sentiment neutral
materiality 0.60
BBX Capital appoints director, boosts buyback to $20M, and recapitalizes Altis Grand Central
BBX Capital, Inc.
Marcia Barry-Smith appointed to Board; receives standard non-employee director compensation of $100,000 annual cash retainer.
Share repurchase authorization increased from $10M to $20M; $11.7M remains available for future purchases.
Altis Grand Central joint venture recapitalized; BBXRE received $7.7M cash distribution, ownership reduced from ~11% to 1%.
Carrying value of BBXRE's investment in the joint venture was $2.1M as of June 30, 2021.
Executive movements
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Appointed
Marcia Barry-Smith
Director
BBXIB ·
BBX Capital, Inc.
Effective 2021-09-21
Filed September 22, 2021, 7:59 PM ET
On September 21, 2021, the Board of Directors of BBX Capital, Inc. (the “Company”) appointed Marcia Barry-Smith to the Company’s Board of Directors.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Marcia Barry-Smith was appointed as Director at BBX Capital, Inc..
Action appointed
Role Director
Exact text from the filing
On September 21, 2021, the Board of Directors of BBX Capital, Inc. (the “Company”) appointed Marcia Barry-Smith to the Company’s Board of Directors.
View on SEC.gov
Source: SEC EDGAR
accession 0001814974-21-000077
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