"Alaska Native corporation"

The amount of the dividend per shareholder ranges from $374 to $695 per 100 shares and depends on the class of shareholder.

Some of the village corporations got large payouts while Juneau-based Sealaska, the corporation with the most shareholders, got the least of the 13 regional corporations. Corporation executives say they’re still trying to understand the wide disparities in disbursements.

The decision is a blow to tribes leery of any delegation of their self-governance powers. Three Alaska tribes were among the plaintiffs in the case: the Akiak Native Community, Asa’carsarmiut Tribe of Mountain Village and the Aleut Community of St. Paul Island.

A case was brought before the court to test the limits of the state’s power to regulate free speech in corporate elections.

The management slate won this year’s Sealaska board election. Three incumbents and a newcomer who ran with them beat out eight independent candidates.

Goldbelt shareholder William Andrews has been vocally agitating for a change in the Alaska Native corporation’s leadership. He claims the company of 3,600 shareholders has performed poorly and that the incumbents up for reelection violated conflict of interest bylaws.

The Sealaska regional Native corporation will distribute $10.5 million to shareholders in November. That brings the 2016 total payout to a $26.4 million.

Sealaska shareholders will learn Saturday which of nine candidates will fill four seats on the Southeast regional Native corporation’s board of directors.

Sealaska shareholders are deciding whether to impose term limits on the corporation’s board. They’re also considering nine candidates for four board seats.

Calista Corporation is campaigning to reduce quorum requirements at its annual shareholder meetings to prevent invalidating future meeting votes and wasting corporation money when a quorum isn’t met.