CoreCivic has added up to $150 million to its existing share buyback program.
The private prison operator's board approved the expanded repurchase plan last week, according to a filing with the Securities and Exchange Commission on Monday.
There is now approximately $277.9 million remaining under the company's repurchase plan. As of May 14, the company had bought approximately $222.1 million in shares since May 2022, according to the filing.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
May 19, 2025 17:04 ET (21:04 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.