- Associated Press - Friday, July 10, 2015

BETHEL, Alaska (AP) - Calista (Cha-LIS’-tuh) Corp. shareholders will vote this weekend whether to issue shares to thousands of “after borns,” or those born after 1971 when the Alaska Native Corporations were formed.

Bethel radio station KYUK reports (https://bit.ly/1Gbpxrh ) that the final vote will take place Saturday at the annual meeting for the regional native corporation for the Y-K region in Kasigluk.

Prior to the in-person voting, shareholders have been casting cotes through mail and online. If shareholders move forward, they would open enrollment to descendants as well as those who could have enrolled in 1981, but did not. There are currently about 13,000 Calista shareholders.

If enrollment is expanded, shareholders would triple the number of shares, bringing on about 25,000 new people This would drop dividends to a third of their previous value of about $380 this year.


Information from: KYUK-AM, https://www.kyuk.org

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