Sealaska Board of Directors Calls Special Meeting to Announce Early Spring Distribution
Wednesday, March 18, 2020
The Sealaska board of directors will meet on Friday, March 20, 2020, to decide on this year’s spring distribution. The board was originally scheduled to meet on April 3, but directors are calling this special meeting in order to address the economic crisis facing our communities as a result of the coronavirus (COVID-19).
“We listened to shareholders who expressed concerns about the impact the pandemic is having on our economy,” said Joe Nelson, Sealaska board chair. “These are unprecedented times and we felt it was necessary to act quickly to make this decision about the distribution and get funds to our shareholders at an extreme time of need.”
Sealaska shareholders on record as of Friday, March 20, 2020, will be eligible to receive the dividend. Direct deposits will be posted on Tuesday, March 31, 2020, and paper checks will be mailed. Please ensure your address and banking information are up-to-date.
If you need to update your records or make changes to your stock, gift stock, or update your address or banking information, please visit MySealaska.com. You can also contact the Sealaska Shareholder Relations team directly at records@sealaska.com or 1.800.848.5921. Thursday, March 26, 2020, is the deadline to change shareholder banking or mailing information.
Spring 2020 Distribution Schedule for Shareholders
- Friday, March 20, 2020 | Record Date is the last day to make changes to stock, gift stock, enroll, process estates or transfer shares.
- Thursday, March 26, 2020 | Last day to change shareholder banking or mailing information. Update information on MySealaska.com by 11:59 p.m. AKST
- Tuesday, March 31st, 2020 | Distribution occurs
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We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.
Shareholders, an error occurred when printing proxy cards regarding the number of shares you own and votes you have in the top right corner of your proxy card. This error does not affect the validity of your paper proxy, nor does it affect voting on MySealaska.com through the Election Connection portal
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