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An announcement from Amrep (AXR) is now available.
AMREP Corporation has rewarded its top executives with cash bonuses and restricted shares that vest over three years, conditional on continued employment. Christopher V. Vitale, CEO, received a $150,000 bonus and 7,200 shares, while Adrienne M. Uleau, VP of Finance and Accounting, got a $55,000 bonus and 1,890 shares. Additionally, their salaries were increased to $375,000 and $180,000, respectively. The company’s Board of Directors also implemented technical and administrative updates to the Bylaws.
Learn more about AXR stock on TipRanks’ Stock Analysis page.