CIRI will distribute resource revenue payments to its at-large shareholders in the amount of $15.1740 per share, or $1,517.40 if you own 100 shares on Monday, April 2. Section 7(i) of the Alaska Native Claims Settlement Act (ANCSA) requires each regional corporation to share 70 percent of its net resource revenues received from ANCSA lands with the other regional corporations. Under section 7(j) of ANCSA, the percentage of the 70 percent pool that a regional corporation received is divided equally between itself and the village corporation and at-large shareholders in its region. The directors of each village corporation determine whether to distribute the 7(j) amounts it receives to its shareholders. Additional information on resource revenue payments can be found by visiting ciri.com/content/shareholders/ResourceRevenueDistributions.aspx.
Mission
The mission of CIRI is to promote the economic and social well-being and Alaska Native heritage of our Shareholders, now and into the future, through prudent stewardship of the company’s resources, while furthering self-sufficiency among CIRI Shareholders and their families.
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Cook Inlet Region, Inc. (CIRI) is one of 12 regional corporations established in Alaska by the Alaska Native Claims Settlement Act of 1971. CIRI is owned by over 9,100 Shareholders, primarily of Athabascan, Southeast Indian, Inupiat, Yup’ik, Alutiiq/Sugpiaq and Aleut/Unangax descent.
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