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): May 4, 2026
The St. Joe Company
(Exact Name of Registrant as Specified in its Charter)
| | | | |
Florida | | 1-10466 | | 59-0432511 |
(State or Other Jurisdiction | | (Commission File Number) | | (IRS Employer |
| |
130 Richard Jackson Blvd, Suite 200 | 32407 |
(Address of Principal Executive Offices) | (Zip Code) |
(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:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| | |
Title of Each Class | Trading symbol(s) | Name of Each Exchange on Which Registered |
Common Stock | JOE | NYSE |
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. ☐
ITEM 8.01 OTHER EVENTS.
As of May 4, 2026, The St. Joe Company (the “Company”) had a total authority of approximately $49.2 million available for purchase of shares of its common stock pursuant to its previously announced Stock Repurchase Program (the “Plan”). On May 4, 2026, the Board of Directors of the Company authorized additional repurchase authority of up to approximately $150.8 million of the Company’s shares of its common stock under the Stock Repurchase Program, bringing the total authorized repurchase authority to $200.0 million. The Stock Repurchase Program has no expiration date.
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 | |
| | |
| By: | /s/ Marek Bakun |
| | Marek Bakun |
| | Executive Vice President & Chief Financial Officer |
Date: May 4, 2026