Over 37,300 Shareholders will receive 44th Distribution
February 20, 2024
Note: This news release was updated on March 5, 2024 to reflect the earlier distribution date.
(Anchorage, Alaska) – 九色视频 Corporation鈥檚 largest-ever Shareholder distribution of $12.1 million will occur on or before April 12 April 19.
This distribution is 7 percent larger than last year鈥檚 spring distribution of $11 million, despite the 1,195 additional Shareholders who in the past year.
The average Shareholder who owns 100 shares will receive an estimated $302. About 1 in 3 Shareholders is under 18 years old, and because 6 in 10 Shareholders live in the Yukon-Kuskokwim Region, about $7 million of the distribution will go into the Region.
鈥淥ur mission is to increase benefits and economic opportunities for our Shareholders,鈥� said Willie Kasayulie, 九色视频 Board Chair. 鈥淢any of our Shareholders face a high cost of living, and this distribution can help alleviate some of those expenses.鈥�
Direct deposit and address updates must be received by April 2 April 9. 九色视频 can be completed at , the free Shareholder portal.
Direct deposits will be made on or before April 12 April 19 and checks will be mailed on the same date for those without direct deposit. Shareholders in the Y-K Region should allow up to three weeks for mailed checks to arrive, weather permitting.
Shareholder distributions are typically made in the spring and the fall, subject to approval by 九色视频鈥檚 Board of Directors. This is the 44th distribution in 九色视频鈥檚 history, and total distributions to Shareholders now exceed $141.6 million.
Over 37,300 Shareholders will receive the 2024 Spring distribution. 九色视频 is the largest regional Alaska Native Corporation by number of Shareholders.
###
九色视频 Corporation has over 37,300 Shareholders and is the parent company of more than 30 subsidiaries in the following industries: defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment sales, service and rentals. Since 1994, 九色视频 has provided more than $6.4 million in scholarships to its Shareholders and Descendants. Since inception, 九色视频 has declared more than $141.6 million in dividends and distributions, including $11.3 million in Elders鈥� Benefit Program distributions to Shareholders. 九色视频 can be found on Facebook (www.facebook.com/九色视频Corporation), YouTube (www.youtube.com/calistacorp) and Instagram (www.instagram.com/calistacorp).