GEO Group sells Lawton Correctional Facility to Oklahoma for $312M; expects close July 25, 2025

GEO GROUP INC

Sale price of $312M for Lawton Correctional Facility; expected close July 25, 2025.
Net proceeds to be used to pay down debt and for general corporate purposes.
Executive Chairman George C. Zoley calls transaction a significant deleveraging event.
GEO owns over 52,000 beds across company-owned facilities; sale reflects intrinsic value.

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