The tobacco giant filed its annual report for 2015. Net revenues totaled $25.4 billion, up from $24.5 billion in 2014 and $23.8 billion in 2011. Profits totaled $5.24 billion, up from $5.07 billion the year before and $3.39 billion five years earlier.
Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust will hold its annual shareholders meeting May 12 at 11 a.m. at the downtown Marriott at 500 E. Broad St. Business to be conducted is available here.
Eastern Virginia Bankshares (EVBS)
Director William L. Lewis will end his service on the EVB board following the expiration of his current term at the company’s annual shareholders meeting on May 19. Lewis, 65, told the company that his decision is in connection with his recent appointment to serve as a district court judge for the 15th Judicial District’s Juvenile and Domestic Relations District Court in Virginia, a position he will begin on July 1.
The insurance underwriter will hold its annual shareholders meeting May 16 at 4:30 p.m. at Altria Theater, 6 N. Laurel St. Business to be conducted is detailed here.
Owens & Minor (OMI)
Director Craig Smith sold 4,177 shares of common stock valued at $143,605 to satisfy tax withholding obligations.
Union Bankshares (UBSH)
The company filed its annual proxy statement, disclosing the compensation packages paid to its top executives. President and CEO Billy Beale received $1.38 million in total compensation in 2015, up from $1.21 million the previous year. His 2015 total included a $679,000 base salary, $339,000 in stock awards, $253,000 in incentives payments and other perks. View the rest of the Union top executive pay table on Page 40 of this document.
Union’s annual shareholders meeting will be held May 3 at 10 a.m. at The Boar’s Head in Charlottesville.
Xenith Bankshares (XBKS)
The parent of Xenith Bank sent a letter to its customers describing its pending merger with Hampton Roads Bankshares. You can read the letter here.