The St. Joe Company Hosts 2024 Annual Meeting of Shareholders and Released a Video Featuring Many of Its Residential, Commercial and Hospitality Assets

Rhea-AI Summary

The St. Joe Company (NYSE: JOE) held its 2024 Annual Meeting of Shareholders in Inlet Beach, Florida, on May 14, 2024. At the meeting, the company showcased a video featuring its residential, commercial, and hospitality assets in Northwest Florida. Following the meeting, shareholders participated in a two-day market tour to visit these assets. President and CEO Jorge Gonzalez emphasized the importance of shareholders experiencing the company's properties firsthand to understand their impact on financial performance and future outlook. St. Joe focuses on developing and managing real estate assets and operations, including significant residential and commercial land-use entitlements.

Positive

• Showcased residential, commercial, and hospitality assets via a video presentation.
• Conducted a two-day market tour for shareholders to view properties firsthand.
• CEO highlighted the importance of property visits for understanding financial performance.
• Provided context for the company's future outlook through property tours.
• Possesses significant residential and commercial land-use entitlements.

Negative

• No specific financial data disclosed in the press release.
• Lack of detailed information on financial performance and metrics.
• The press release did not highlight any new business developments or partnerships.

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)-- The St. Joe Company (NYSE: JOE) (“St. Joe”) concluded its 2024 Annual Meeting of Shareholders and released a video featuring many of its residential, commercial and hospitality assets in Northwest Florida. The video was shown at the meeting on May 14, 2024, in Inlet Beach, Florida as a preview of a two-day market tour that followed the meeting. During the tour shareholders had the opportunity to visit many of the assets featured in the video.

“We encourage our shareholders to visit our assets and see our land holdings in person whenever possible,” said Jorge Gonzalez, President and Chief Executive Officer for St. Joe. “Following a very productive annual meeting, we spent time touring the market and visiting several properties which provided great context for our financial performance and our outlook on St. Joe’s future.”

Click here to view the video.

Click here to view St. Joe’s 2024 Annual Meeting of Shareholders presentation.

About The St. Joe Company

The St. Joe Company is a real estate development, asset management and operating company with real estate assets and operations in Northwest Florida. The Company intends to use existing assets for residential, hospitality and commercial ventures. St. Joe has significant residential and commercial land-use entitlements. The Company actively seeks higher and better uses for its real estate assets through a range of development activities. More information about the Company can be found on its website at www.joe.com.

©2024 The St Joe Company. “JOE^®”, “St. Joe^®”, the “Taking Flight Design^®”, “St. Joe (and Taking Flight Design)^®” are registered service marks of The St. Joe Company or its affiliates.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240515979047/en/

St. Joe Investor Relations Contact:

Marek Bakun

Chief Financial Officer

1-866-417-7132

marek.bakun@joe.com

St. Joe Media Relations Contact:

Mary Beth Lovingood

Corporate Director of Marketing

1-850-231-6583

marybeth.lovingood@joe.com

Source: The St. Joe Company

FAQ

What did The St. Joe Company showcase at its 2024 Annual Meeting of Shareholders?

The company showcased a video featuring its residential, commercial, and hospitality assets in Northwest Florida.

When was The St. Joe Company's 2024 Annual Meeting of Shareholders held?

The meeting was held on May 14, 2024.

What activities followed The St. Joe Company's 2024 Annual Meeting of Shareholders?

Shareholders participated in a two-day market tour to visit properties featured in the video.

Why did The St. Joe Company conduct a market tour for shareholders?

The company believes that experiencing the properties firsthand is important for understanding their impact on financial performance and future outlook.

What type of assets does The St. Joe Company focus on?

The company focuses on residential, commercial, and hospitality assets in Northwest Florida.