The tobacco giant filed its earnings report for the first quarter of 2022. The company reported net revenues of $5.9 billion for the period, a 2.4 percent decrease compared to the same period in 2021.
ARKO Corp. (ARK)
The gas station and convenience store owner filed its latest proxy statement, disclosing compensation packages paid to its top executives in 2021. Among them, CEO Arie Kotler received $6.4 million in total compensation for the year. That included a base salary of $1 million, $4 million in stock awards and other perks. Click here for more compensation data.
The company will hold its annual shareholders meeting virtually at 10 a.m. June 7.
Atlantic Union Bankshares (AUB)
The bank released its first quarter earnings, citing net income of $40.7 million, compared with $53 million in the same period last year. Click here for the full report.
The used car retailer posted its latest proxy statement and executive compensation data from 2021. The highest paid among its top brass was Michael Bor, who was recently replaced as CEO. He received $16.4 million in total compensation in 2021, including a base salary of $577,000, a $450,000 bonus, $13 million in stock option awards and other perks. Click here for a summary.
The company said its annual shareholders meeting will be held virtually at 9 a.m. June 2.
The used car retailer filed its annual earnings report for the fiscal year that ended Feb. 28, 2022. The company reported total net sales and operating revenues of $31.9 billion for the year, compared to the previous year’s $19 billion. The company reported net earnings of $1.2 billion for the year, compared to $746.9 million in net earnings the prior year.
The power utility released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO Robert M. Blue received a total pay package of $8.2 million. He received a base salary of $1.2 million, $3.3 million in stock awards and $3.7 million in other incentives.
Click here and see page 60 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 11.
Dynex Capital (DX)
The mortgage REIT filed its quarterly earnings report for the period ended March 31. The company reported a net interest income of $15.7 million for the quarter.
Hamilton Beach Brands (HBB)
The electrical products supplier filed its earnings report for the quarter ended March 31. The company reported revenue of $146.4 million and net income of $7.2 million for the period, compared to revenue of $149.2 million and net income of $2.9 million in the same period in 2021.
The insurance underwriter reported that co-CEO Richard R. Whitt plans to retire by March 31, 2023. He has been a co-CEO since January 2016. Upon Whitt’s retirement, co-CEO Thomas S. Gayner will be the sole CEO. See here for the full announcement.
New Market (NEU)
The petroleum-focused holding company filed its earnings report for the first quarter of 2022. The company reported net income of $59.3 million, down from net income of $69.7 million in the first quarter 2021.
Owens & Minor (OMI)
Director Robert J. Henkel bought 2,000 shares at $35 per share for a total of $70,000. Henkel directly owns 26,000 shares of common stock.
Performance Food Group (PFGC)
Executive Vice President and CCO Patrick T. Hagerty sold 500 shares at about $49 per share for a total of $24,500. Hagerty directly owns 147,825 shares of common stock.