Facebook Twitter Email
MAY 7, 2001

Shareholders of Cook Inlet Region Inc., an Alaska Native corporation, will share in a $94.3 million payout thanks to a recent telecommunications stock windfall.

The corporation has about 7,000 shareholders. A shareholder with 100 shares in CIRI would get $15,029.

CIRI in December made a $314 million payout to shareholders, the largest ever by a regional corporation.

In related news, a federal judge dismissed a lawsuit challenging the way CIRI distributes payments to elders.

Get the Story:
CIRI shareholders land new windfall: $15,029 (The Anchorage Daily News 5/5)
CIRI shareholder lawsuit dismissed (The Anchorage Daily News 5/5)

Relevant Links:
Cook Inlet Region, Inc. - http://www.ciri.com