Sealaska Corporation is distributing $14 million to shareholders. The spring disbursement goes out by mail and direct deposit.
According to a Sealaska press release, urban and at-large shareholders received $8.45 per share, elder urban and at-large shareholders, $9.70, village and leftout shareholders, $1.25, elder village and leftout shareholders, $2.50, descendant shareholders, $1.25.
Nearly 11,000 shareholders live in Southeast Alaska.
“We are proud that Sealaska uses its financial capacity to contribute to securing indigenous languages, strengthening communities and culture through these distributions,” said Chris E. McNeil Jr., Sealaska president and CEO. "For example, Sealaska revenues will also support Celebration 2012, the biennial event scheduled for June 2012.”
Sealaska was founded in 1972. It has approximately 21,000 shareholders.
For more information visit www.sealaska.com