other material
confidence high
sentiment positive
materiality 0.60
CoreCivic boosts share repurchase authorization by $125M to $350M
CoreCivic, Inc.
- Board authorized additional $125M to existing buyback program; total authorization increased to $350M.
- From May 2022 to May 2024, repurchased 13.3M shares at avg $11.99/share, totaling $159.3M.
- After increase, approximately $190.7M remains under the share repurchase program.
- Stockholders re-elected all 11 directors, ratified EY as auditor, and approved say-on-pay advisory vote.