REX news

REX American Resources Corp. entered a new employment agreement with Stuart A. Rose superceding prior amendments. This deal establishes Rose's role as Executive Chairman and Head of Corporate Development through 2027.

REX American Resources Corporation issued a restricted stock unit award agreement with performance-based vesting tied to company achievement of specified objectives. The RSU grants represent standard equity compensation tied to performance metrics during a defined performance cycle.

REX American Resources Corporation amended its certificate of incorporation to set total authorized shares at 90 million with $0.01 par value. The change allows the company flexibility in capital structure while maintaining shareholder approval requirements for future share authorizations.

REX American Resources posted its best first quarter earnings per share in company history at $0.56, with gross profit of $29.1 million on $156.5 million in revenue, boosted by $7.5 million in production tax credit income despite lower ethanol pricing. The company continues expansion at its One Eart…