01/17/2025 | Press release | Distributed by Public on 01/17/2025 16:08
On Jan. 17, 2025, the NANA Regional Corporation Inc. Board of Directors authorized a contribution to the NRC Shareholder Trust for the purpose of paying a spring distribution to Trust beneficiaries of $8.05 per share, for a total distribution of approximately $14.5 million. The distribution will be payable on or about April 14, 2025, to beneficiaries of record as of April 7, 2025. All NANA shareholders of record are beneficiaries of the Trust.
"We understand the challenges our shareholders face, especially during the spring season when costs for hunting and daily living can be particularly high. That's why the Board is pleased to announce an early spring dividend for 2025. It's our way of supporting you, our shareholders, during these hard times and ensuring we continue to honor our commitment to improving the quality of life for all our people," said Piquk Linda Lee, NANA Board Chair
Shareholders must update their addresses, apply for direct deposit or enroll a new Class D shareholder by March 31, 2025, at 5 p.m. Alaska Daylight Time. Visit nanatkut.com or contact the shareholder records department (907) 442-3301, (800) 478-3301 (toll-free) or at [email protected].
NANA has a clear distribution policy that is followed when a distribution amount is determined. The policy ensures liquidity to keep NANA financially stable while still allowing for growth capital.