---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-413085"
form_type: "8-K"
ticker: "GEO"
cik: "0000923796"
company_name: "GEO GROUP INC"
filed_at: "2026-10-05T10:57:07+00:00"
generated_at: "2026-10-12T14:43:33.618538+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GEO sells Adelanto ICE complex (2,644 beds) to DHS for $950M; boosts buyback to $1.25B

## Summary
- Completed sale of Adelanto West (1,280 beds), Adelanto East (660 beds), and Desert View (704 beds) to DHS for $950M gross; ~$705M expected net proceeds after taxes and fees.
- Board increased share repurchase authorization by $750M to $1.25B, effective through December 31, 2029.
- GEO will keep providing support services at the three facilities under its existing ICE contract running through December 19, 2034 (current term to 2029 plus five-year option).
- Net proceeds plus operating cash flow intended to reduce debt, repurchase shares, and for general corporate purposes.
- GEO is in active talks to sell additional company-owned facilities to ICE; no definitive agreement or timeline yet.

## SEC filing metadata
- accession: 0001193125-26-413085
- form_type: 8-K
- ticker: GEO
- cik: 0000923796
- company_name: GEO GROUP INC
- filed_at: 2026-10-05T10:57:07+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923796/000119312526413085/0001193125-26-413085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923796/000119312526413085/d212275d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-413085
- JSON: https://secwatch.observer/filing/0001193125-26-413085.json
- Plain text: https://secwatch.observer/filing/0001193125-26-413085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.