CoreCivic announces $200M increase to share repurchase authorization

Published 1 hour ago Positive
CoreCivic announces $200M increase to share repurchase authorization
* CoreCivic (CXW [https://seekingalpha.com/symbol/CXW]) on Monday announced an increase to its existing share repurchase program pursuant to which CoreCivic may purchase up to an additional $200 million in shares of CoreCivic's outstanding common stock.
* As a result of the increase, the aggregate authorization under CoreCivic's repurchase program increased from up to $500 million shares of common stock to up to $700 million shares of common stock.
* Since the share repurchase program was authorized in May 2022, through November 7, 2025, the company has repurchased a total of 21.5 million shares of common stock at an aggregate cost of $322.1 million, or $14.98 per share.
* As of November 7, 2025, including the additional authorization, we have $377.9 million of repurchase authorization available under the share repurchase program.
* CXW +1.94% premarket to $17.28.
* Source: Press Release [https://seekingalpha.com/pr/20300331-corecivic-announces-200-million-increase-to-share-repurchase-authorization]

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