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Amrep Expands Board and Amends Corporate Bylaws

Story Highlights
  • On January 26, 2026, Amrep’s board voted to expand from four to five directors, effective January 27, 2026.
  • The company increased Class III directors from one to two, naming Mr. McNaney and amending bylaws accordingly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amrep Expands Board and Amends Corporate Bylaws

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Amrep ( (AXR) ) has provided an update.

On January 26, 2026, Amrep’s board of directors approved changes to its governance structure, effective January 27, 2026, by expanding the board from four to five members and reallocating directors among its classified board structure. The number of Class III directors was increased from one to two, with Mr. McNaney designated as a Class III director, and the company’s bylaws were amended so that the board will now formally consist of five directors, signaling an expansion of board oversight and potential for broader strategic input at the governance level.

The most recent analyst rating on (AXR) stock is a Hold with a $21.50 price target. To see the full list of analyst forecasts on Amrep stock, see the AXR Stock Forecast page.

Spark’s Take on AXR Stock

According to Spark, TipRanks’ AI Analyst, AXR is a Neutral.

Amrep’s strong valuation score, driven by a low P/E ratio, is a significant positive factor. However, the financial performance is mixed, with strong operational efficiency but declining revenue and cash flow growth. Technical indicators suggest a bearish trend, adding caution to the outlook. The absence of earnings call and corporate events data limits insights into strategic direction.

To see Spark’s full report on AXR stock, click here.

More about Amrep

Average Trading Volume: 6,648

Technical Sentiment Signal: Hold

Current Market Cap: $110.2M

Find detailed analytics on AXR stock on TipRanks’ Stock Analysis page.

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