GYRO 4.54 Gyrodyne Company of America $GYRO Hit a
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GYRO Gyrodyne Company of America Recent Headline News
Gyrodyne Company of America, Inc. Announces Postponement Of Special Meeting; Annual Meeting Remains December 5, 2014 As Scheduled
PR Newswire - Tue Nov 04, 3:35PM CST
Gyrodyne Company of America, Inc. (NASDAQ: GYRO), a self-managed and self-administered real estate investment trust, today announced that its board of directors has voted to postpone the special meeting of shareholders until the first half of 2015 at which shareholders will be asked to authorize the previously announced merger of Gyrodyne and Gyrodyne Special Distribution, LLC into Gyrodyne, LLC. With approximately 45% of the outstanding shares voted thus far by delivery of proxy cards, approximately 97% of such shares have been voted in favor of the merger. Despite the overwhelming percentage of received votes in favor of the merger, not enough shares have been voted to reach the two-thirds majority needed under New York law. Gyrodyne and its advisors will continue to analyze potential options in the best interests of Gyrodyne and its shareholders, which may include enhancements designed to facilitate the ability to complete the merger transaction.
GYRO: 4.54 (+0.15)
Gyrodyne Company establishes date of annual and special meetings
M2 - Fri Sep 26, 3:55AM CDT
Gyrodyne Company of America Inc (NASDAQ:GYRO), a real estate investment trust, stated on Thursday that its 2014 annual shareholders' meeting will be held on 5 December 2014.
GYRO: 4.54 (+0.15)
Gyrodyne Company of America, Inc. Announces Date of Annual and Special Meetings
PR Newswire - Thu Sep 25, 10:00AM CDT
Gyrodyne Company of America, Inc. (NASDAQ: GYRO), a self-managed and self-administered real estate investment trust, today announced that its 2014 Annual Meeting of Shareholders will be held on Friday, December 5, 2014. Gyrodyne's previously postponed Special Meeting of Shareholders at which shareholders will be asked to authorize the previously announced merger transaction, under which Gyrodyne and Gyrodyne Special Distribution, LLC will merge into Gyrodyne, LLC will be held coextensively with the Annual Meeting of Shareholders. The board of directors has established the close of business on October 31, 2014, as the record date for determining shareholders entitled to receive notice of and vote at the meetings, which will begin at 11:00 a.m. Eastern time and take place at Flowerfield Celebrations, Mills Pond Road, Saint James, New York 11780.
GYRO: 4.54 (+0.15)
Gyrodyne declares special dividend of USD0.46 per share as dividend note interests
M2 - Tue Sep 16, 5:58AM CDT
Gyrodyne Company of America Inc (NASDAQ:GYRO) (Gyrodyne), a real estate investment trust, disclosed on Monday that its board of directors approved a special common stock supplemental dividend of USD682,032.80 or USD0.46 per share.
GYRO: 4.54 (+0.15)
Gyrodyne Company of America, Inc. Announces Supplemental Special Dividend
PR Newswire - Mon Sep 15, 1:28PM CDT
Gyrodyne Company of America, Inc. (NASDAQ: GYRO) ("Gyrodyne" , a self-managed and self-administered real estate investment trust, today announced that its board of directors has declared a special supplemental dividend of $682,032.80, or $0.46 per share of common stock. The dividend will be payable in the form of non-transferable interests in a dividend note, unless Gyrodyne's board of directors otherwise determines to pay all or part of such dividend in cash and subject to any applicable law, rule or regulation. The principal terms of such dividend note are attached as Annex A to this press release. The dividend will be payable on December 31, 2014 to all shareholders of record as of the close of business on September 26, 2014.
GYRO: 4.54 (+0.15)
Gyrodyne Company of America, Inc. Further Postpones Special Meeting
PR Newswire - Mon Aug 25, 2:07PM CDT
Gyrodyne Company of America, Inc. (NASDAQ: GYRO) (the "Company" today announced that the Company's Special Meeting of Shareholders, originally scheduled for Thursday, August 14, 2014, and previously postponed to Wednesday, August 27, 2014, has been further postponed. The Company now intends to hold the Special Meeting coextensively with the Company's 2014 Annual Meeting of Shareholders, the date and time for which will be will be announced, together with a new record date for shareholders entitled to vote at the Special Meeting, in the next few weeks.
GYRO: 4.54 (+0.15)
Gyrodyne Company of America, Inc. Postpones Special Meeting
PR Newswire - Tue Aug 12, 4:24PM CDT
Gyrodyne Company of America, Inc. (NASDAQ: GYRO) (the "Company" today announced that the Company's Special Meeting of Shareholders, originally scheduled for Thursday, August 14, 2014, will now be held on Wednesday, August 27, 2014. The board of directors previously established the close of business on Monday, June 30, 2014, as the record date for determining shareholders entitled to receive notice of and vote at the meeting, which will begin at 11:00 a.m. Eastern time and take place at Flowerfield Celebrations, Mills Pond Road, Saint James, New York 11780.
GYRO: 4.54 (+0.15)
Gyrodyne Company Of America, Inc. Announces Final Details Of Special Dividends
PR Newswire - Fri Dec 20, 4:04PM CST
Gyrodyne Company of America, Inc. (NASDAQ: GYRO) ("Gyrodyne" today announced that its board of directors has determined the final details of its previously declared special dividend in the amount of $98,685,000, or $66.56 per share of the Company's common stock, which is payable on December 30, 2013 to shareholders of record as of November 1, 2013. As required by NASDAQ rules governing special dividends of this magnitude, the ex-dividend date will be set one business day following the payment date.
GYRO: 4.54 (+0.15)
Gyrodyne Company of America, Inc. Announces Receipt of Private Letter Ruling and Declaration of Special Dividend of $66.56 Per Share
PR Newswire - Fri Sep 13, 4:38PM CDT
Gyrodyne Company of America, Inc. (NASDAQ: GYRO) today announced that its Board of Directors has completed its previously announced review of the Company's strategic alternatives and has declared a special dividend in the amount of $98,685,000, or $66.56 per share of the Company's common stock, of which approximately $68,000,000, or $45.86 per share, will be paid in cash.
GYRO: 4.54 (+0.15)
Gyrodyne Names New CEO; Continues Strategic Process With Lower Monthly Financial Advisory Fees
PR Newswire - Thu Feb 14, 4:28PM CST
Gyrodyne Company of America, Inc. (NASDAQ: GYRO) announced today that it has completed its previously-disclosed Chief Executive Officer search process and has appointed Frederick C. Braun III as its new President and Chief Executive Officer, effective February 25, 2013. Mr. Braun is currently the Chairman of the Brookhaven Industrial Development Agency, a public benefit corporation of the State of New York that assists in the acquisition, construction, reconstruction, and equipping of commercial and industrial facilities. He has served in such capacity for approximately 25 years. From 2000 to September 2009, Mr. Braun served as Executive Vice President of State Bank of Long Island, a commercial bank subsidiary of State Bancorp, Inc., which was acquired by Valley National Bancorp effective January 1, 2012.
STB: 6.29 (+0.10), GYRO: 4.54 (+0.15), VLY: 9.98 (+0.10)