UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 15, 2019
The St. Joe Company
(Exact Name of Registrant as Specified in its Charter)
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Florida
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1-10466
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59-0432511
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(State or Other Jurisdiction
of Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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133 South WaterSound Parkway WaterSound, Florida
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32461
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(Address of Principal Executive Offices)
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(Zip Code)
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(850) 231-6400
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last
report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class
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Trading symbol(s)
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Name of Each Exchange on Which Registered
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Common Stock, no par value
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JOE
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NYSE
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 8.01 Other Events.
As of August 15, 2019, The St. Joe Company (the “Company”) had a total authority of $35.8 million available for purchase of shares of its common stock
pursuant to its previously announced Stock Repurchase Program (the “Plan”). On August 15, 2019, the Board of Directors of the Company authorized additional repurchase authority of up to $64.2 million of the Company’s shares of its common stock
under the Stock Repurchase Program, bringing the total authorized repurchase authority to $100.0 million. The Stock Repurchase Program has no expiration date.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
| THE ST. JOE COMPANY | |||
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By:
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/s/ Marek Bakun | ||
| Marek Bakun | |||
| Chief Financial Officer | |||
Date: August 16, 2019
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