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AMREP Corporation is engaged in two principal businesses: land development and media services operations, with the latter consisting primarily of fulfillment and newsstand distribution services.
The Company, through its AMREP Southwest Inc. is a major landholder and developer of real estate in Rio Rancho, New Mexico. It is the founder of Rio Rancho, which is the third largest city in New Mexico, and the current focus of its activity there is on the entitlement, development and sale of land for residential, commercial and industrial uses.
Through its Kable Media Services, Inc. subsidiary, the Company provides an array of fulfillment services for publishers and others, and distributes magazines. The Fulfillment Services business performs fulfillment and fulfillment-related activities, principally including magazine subscription fulfillment, graphic arts and lettershop, list and product fulfillment services. As a result of the recent acquisition of Palm Coast Data Holdco, Inc., which through its subsidiary Palm Coast Data LLC is a major provider of fulfillment services, Kable has solidified its position as the second largest provider of subscription fulfillment services to magazine publishers in the United States. The Newsstand Distribution Services business provides marketing services for publishers and distributes magazines to wholesalers and others.
AMREP Corporation was organized in 1961 and has been listed on the New York Stock Exchange, symbol "AXR", since 1972. The Company's corporate headquarters are in Princeton, New Jersey; AMREP Southwest's real estate business is based in Rio Rancho, New Mexico; and Kable Media's Fulfillment Services business is located in Louisville, Colorado, Palm Coast, Florida, Mount Morris, Illinois and Marion, Ohio, and its Newsstand Distribution Services business is headquartered in New York City with operations in Mount Morris, Illinois.
On March 12, 2007, representatives from AMREP and Kable Media attended the Closing BellSM ceremony at the New York Stock Exchange to celebrate the Company's 35th anniversary of listing. The Company's stock began trading on the NYSE on January 31, 1972. To celebrate this special occasion, the three Executive Committee members of the Board of Directors, Chairman Edward B. Cloues II, Vice Chairman Nicholas Karabots, and Albert Russo rang The Closing Bell as other directors, executives and guests of the Company attended.
You can connect to the NYSE website and view AMREP's March 12, 2007 Closing Bell Ringing by clicking here.
300 Alexander Park, Suite 204
Princeton, NJ 08540
Phone: 609-716-8200 *** Fax: 609-716-8255
|(In thousands) |
|Year Ended April 30 |
| || || ||2008 || ||2007 || ||2006 || ||2005 || ||2004 |
|Shares Outstanding || || ||5,995 || ||6,654 || ||6,644 || ||6,626 || || |