ASHFORD INC. ANNOUNCES EFFECTUATION OF REVERSE STOCK SPLIT AND FORWARD STOCK SPLIT

$AINC
Professional Services
Consumer Discretionary
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Recent Analyst Ratings for
$AINC

DatePrice TargetRatingAnalyst
6/14/2022$28.00Outperform
Oppenheimer
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$AINC
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  • ASHFORD INC. ANNOUNCES EFFECTUATION OF REVERSE STOCK SPLIT AND FORWARD STOCK SPLIT

    DALLAS, July 31, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company"), today announced that in connection with its previously announced plan to withdraw and delist its common stock from trading on the NYSE American LLC stock exchange (the "NYSE American") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Company effected a 1-for-10,000 reverse stock split of the Company's common stock (the "Reverse Stock Split") followed immediately by a 10,000-for-1 forward stock split of the Company's common stock (the "Forward Stock Split," together with the Reverse Stock Split, the "Transaction"), on July 29, 2024 at 5:01 p.m. Eastern Time and 5:02 p.m.

    $AINC
    Professional Services
    Consumer Discretionary
  • ASHFORD INC. ANNOUNCES RESULTS OF SPECIAL MEETING OF STOCKHOLDERS

    COMPANY TO TERMINATE REGISTRATION OF ITS COMMON STOCK DALLAS, July 22, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company"), today announced that at the Special Meeting of Stockholders held on July 22, 2024, the Company's stockholders voted to approve proposals to effect a 1-for-10,000 reverse stock split of the Company's common stock, which will be followed immediately by a 10,000-for-1 forward stock split, and to adopt a waiver on the prohibition on Rule 13e-3 transactions contained in Section 3.03 of the Investor Rights Agreement entered into as of November 6, 2019 by and among the Company, Archie Bennett, Jr., Monty J. Bennett and certain other parties. The last d

    $AINC
    Professional Services
    Consumer Discretionary
  • ASHFORD INC.'S BOARD OF DIRECTORS APPROVES PLAN TO TERMINATE REGISTRATION OF ITS COMMON STOCK

    DALLAS, April 1, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company") today announced that a Special Committee of independent and disinterested directors has recommended, and its Board of Directors has approved, a plan to terminate the registration of the Company's common stock under the federal securities laws following the completion of a proposed reverse stock split transaction (the "Reverse Stock Split") immediately followed by a forward stock split transaction and to delist its shares of common stock from trading on the NYSE American LLC (the "NYSE American") (the "Proposed Transaction"). It is expected that this plan would be initiated in the summer of 2024, subje

    $AINC
    Professional Services
    Consumer Discretionary

$AINC
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  • INSPIRE Announces Sayi Puligandla as Chief Operating Officer

    INSPIRE, a global event solutions company owned by Ashford Inc. (NYSE:AINC), is pleased to announce the appointment of Sayi Puligandla as Chief Operating Officer. DALLAS, Feb. 7, 2023 /PRNewswire-PRWeb/ -- INSPIRE, a global event solutions company owned by Ashford Inc. (NYSE:AINC), is pleased to announce the appointment of Sayi Puligandla as Chief Operating Officer. In this position, Puligandla will oversee human resources, hospitality operations, information technology, and other projects to support the entire organization. Puligandla brings to INSPIRE an extensive background in the hospitality industry and valuable experience in data, analytics, and building efficient operational units for

    $AINC
    Professional Services
    Consumer Discretionary
  • ASHFORD SECURITIES ANNOUNCES PROMOTION & NEW HIRES

    DALLAS, May 23, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly owned subsidiary of Ashford Inc. (NYSE:AINC) ("Ashford"), is pleased to announce that Ben Hilgers has been promoted to Senior Vice President, National Sales Manager. C. Jay Steigerwald III, President and Head of Distribution at Ashford Securities commented, "I have known Ben for almost twenty years and am excited to have him lead our sales efforts. Ben has a tremendous amount of experience with multiple types of products and, more importantly, has a great reputation in the industry. Ben's affable nature is complemented by his creativity and strategic thinking. We look forward to his leadership drivin

    $AINC
    Professional Services
    Consumer Discretionary
  • ASHFORD SECURITIES ANNOUNCEMENT

    DALLAS, Dec. 16, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE:AINC) ("Ashford"), is excited to announce the appointment of Bart Malcom as Senior Vice President, Head of Due Diligence. In his new role, Bart is responsible for all aspects of due diligence for Ashford's alternative investment products.   "Bart is an important addition to our team and we are excited to have him on board. With the skill sets and relationships he has fostered throughout his career, Bart has a great reputation in the industry, and

    $AINC
    Professional Services
    Consumer Discretionary

$AINC
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  • ASHFORD INC.'S BOARD OF DIRECTORS APPROVES PLAN TO TERMINATE REGISTRATION OF ITS COMMON STOCK

    DALLAS, April 1, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company") today announced that a Special Committee of independent and disinterested directors has recommended, and its Board of Directors has approved, a plan to terminate the registration of the Company's common stock under the federal securities laws following the completion of a proposed reverse stock split transaction (the "Reverse Stock Split") immediately followed by a forward stock split transaction and to delist its shares of common stock from trading on the NYSE American LLC (the "NYSE American") (the "Proposed Transaction"). It is expected that this plan would be initiated in the summer of 2024, subje

    $AINC
    Professional Services
    Consumer Discretionary
  • ASHFORD SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

    DALLAS, March 26, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024. Ashford plans to issue its earnings release for the first quarter after the market closes on Wednesday, May 8, 2024, and will host a conference call on Thursday, May 9, 2024, at 12:00 p.m. ET.  The number to call for this interactive teleconference is (646) 960-0375. A replay of the conference call will be available through Thursday, May 16, 2024, by dialing (609) 800-9909 and entering the confirmation number, 1818099. The live broadcast of Ashford's quarterly conference call will be available online a

    $AINC
    Professional Services
    Consumer Discretionary
  • ASHFORD SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

    DALLAS, Dec. 27, 2023 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023. Ashford plans to issue its earnings release for the fourth quarter after the market closes on Thursday, February 29, 2024, and will host a conference call on Friday, March 1, 2024, at 12:00 p.m. ET. The number to call for this interactive teleconference is (646) 960-0375. A replay of the conference call will be available through Friday, March 8, 2024, by dialing (647) 362-9199 and entering the confirmation number, 1818099. The live broadcast of Ashford's quarterly conference call will be available o

    $AINC
    Professional Services
    Consumer Discretionary

$AINC
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