Sealaska is helping its shareholders with burial and cremation costs. The Southeast regional Native corporation’s board voted Monday to offer bereavement benefits of up to $1,000.
Sealaska’s 22,950 shareholders will receive payments from $596 to $186 for those with 100 shares. The amount depends on the shareholder class.
Should Southeast’s regional Native corporation shrink its governing board? That’s a question before Sealaska shareholders. Management opposes the change.
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.
Approximately 22,000 tribal members will each get between $129 and $1,082, depending on their status. Dividends will be distributed April 14.
The FCC is ready to investigate how a company partly owned by Fairbanks-based Doyon won licenses to use the wireless spectrum while claiming it was entitled to billions of dollars in discounts.
Albert Kookesh is stepping down at the same time Sealaska CEO Chris McNeil retires.
Sealaska has sold its international shipping-management business. Officials say it’s part of a change in corporate direction.
Sealaska’s approximately 21,000 shareholders will get their spring dividends around April 12th. Its Board of Directors approved the distribution at a meeting today.