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