Corecivic, INC 8-K filings

CoreCivic has entered into an accelerated share repurchase agreement to buy back $500 million of its common stock, alongside updated full-year 2026 financial guidance.

CoreCivic, Inc. announced its intention to redeem its outstanding 4.750% senior notes due 2027 in full on August 12, 2026, using cash on hand.

CoreCivic, Inc. has completed the sale of its California City and Otay Mesa detention facilities to the U.S. Department of Homeland Security for an aggregate gross price of $1.5 billion.

CoreCivic, Inc. announced the results of its 2026 Annual Meeting of Stockholders, including the election of eleven directors and the ratification of its independent auditor.

CoreCivic, Inc. announced robust first quarter 2026 financial results driven by facility activations and a strategic acquisition, leading to an increase in full-year guidance.

CoreCivic, Inc. announced the promotion of Daren Swenson to Executive Vice President and Chief Corrections and Reentry Officer, effective January 1, 2026.

CoreCivic, Inc. has expanded its revolving credit facility by $300 million, increasing its total credit capacity to $700 million to enhance financial flexibility and support strategic investments.

CoreCivic's Board of Directors authorized an additional $200 million for its share repurchase program, increasing the total authorization to $700 million.

CoreCivic, Inc. reported strong third-quarter 2025 financial results with total revenue up 18.1% and net income increasing 24.7%, driven by increased demand from ICE and facility activations, despite a downward revision to full-year 2025 guidance due to start-up costs.

CoreCivic, Inc. announced that Damon T. Hininger will step down as CEO, effective January 1, 2026, with Patrick Swindle, current President and COO, assuming the role.

CoreCivic, Inc. reported robust second quarter 2025 financial results, driven by increasing demand from government partners, leading to a significant increase in full-year guidance.

CoreCivic, Inc. has adopted an amended executive severance and change in control plan, effective July 25, 2025, modifying severance terms for its key management personnel.

CoreCivic's Board of Directors authorized an additional $150 million for share repurchases and approved a new Code of Ethics.

CoreCivic announces strong first quarter 2025 financial results driven by increased occupancy and new contracts, leading to an increase in full-year guidance.

CoreCivic appoints three new independent directors, announces the resumption of operations at the South Texas Family Residential Center, and sees two directors not standing for re-election.

Anne L. Mariucci will resign from CoreCivic's Board of Directors at the 2025 Annual Meeting to focus on other professional commitments.

CoreCivic announces positive Q4 and full-year 2024 financial results driven by higher occupancy and cost management, while also establishing full-year guidance for 2025.

CoreCivic has disclosed the compensation package for Patrick Swindle, who will become President and Chief Operating Officer on January 1, 2025.

CoreCivic has announced the promotion of Patrick Swindle to President and Chief Operating Officer, effective January 1, 2025.

CoreCivic announced positive third quarter 2024 financial results driven by cost management and higher occupancy, leading to an increase in full year financial guidance.

CoreCivic's second quarter 2024 financial results show a 6% revenue increase and a 27% rise in normalized FFO per diluted share, driven by higher occupancy and effective cost management.

CoreCivic has received a termination notice from U.S. Immigration and Customs Enforcement (ICE) for its South Texas Family Residential Center, leading to the suspension of its 2024 financial guidance.

CoreCivic's annual meeting saw the election of eleven directors, ratification of Ernst & Young as auditor, and approval of executive compensation, alongside an increase in the share repurchase program to $350 million.

CoreCivic's first quarter of 2024 saw a 9% revenue increase and significant progress in capital structure initiatives, including share buybacks and debt refinancing.

CoreCivic will redeem all outstanding 8.250% Senior Notes due 2026 on April 15, 2024, using a combination of its revolving credit facility and cash on hand.

CoreCivic successfully closed a $500 million offering of senior notes due 2029 and completed a tender offer for its 2026 notes.

CoreCivic has appointed Catherine Hernandez-Blades and Alexander R. Fischer as new independent directors, while also announcing the retirement of long-term board member Donna Alvarado.

CoreCivic successfully increased the size of its senior notes offering to $500 million, with the proceeds intended to refinance existing debt.

CoreCivic is launching a $450 million senior notes offering and a cash tender offer for its outstanding 8.25% senior notes due in 2026.

CoreCivic's Q4 2023 earnings show a 4% revenue increase and a 7% per-share increase in normalized funds from operations (FFO), driven by higher occupancy and lower interest expenses.