Apple Hospitality REIT shareholders approve 2024 incentive plan and re-elect nine directors
At its May 23, 2024 Annual Meeting, Apple Hospitality REIT shareholders approved a new 2024 Omnibus Incentive Plan reserving 7,250,000 common shares, re-elected all nine director nominees, and ratified KPMG LLP as auditor for 2024. The Board also extended the share repurchase program until July 2025, permitting repurchases of up to $335.4 million of common shares.
Key points
- Shareholders approved the 2024 Omnibus Incentive Plan, reserving 7,250,000 common shares for issuance; 198,642,262 votes for versus 6,672,485 against.
- All nine directors were elected to one-year terms expiring at the 2025 Annual Meeting, with CEO Justin G. Knight among the nominees.
- The Board extended the share repurchase program until July 2025, allowing up to $335.4 million in common share buybacks; the filing says there is no assurance any purchases will be made.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.