The Maturing of the 13 Regional Corporations.
Alaska Business Monthly › Vol. 17 Nbr. 3, March 2001
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The Maturing of the 13 Regional Corporations.
From infancy to young adulthood, these corporations are making their mark on the world and paying dividends to shareholders.
How would you like to find a check for $50,000, mostly tax-free, in your mailbox? About 7,000 shareholders of Cook Inlet Region Inc. did in December 2000 after the CIRI board cashed in a lucrative telecommunications investment and paid a special $500-per-share dividend. Most shareholders own 100 shares. Thirty years ago, such a payoff would have been unthinkable, but then oil had just been discovered at Prudhoe Bay and Alaska's Native regional corporations were just a congressional theory. ...See the full content of this document
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