Corrections Corp. announces stock split

[Joanne98]

http://milwaukee.bizjournals.com/nashville/stories/2007/06/04/daily24.html?t=printable
Corrections Corp. announces stock split

Nashville Business Journal - June 8, 2007

Corrections Corp. of America's board has declared a 2-for-1 stock split as a 100 percent dividend on its common stock.

The stock dividend is payable July 6 to stockholders of record on June 29.

The split will increase the number of shares of common stock outstanding to about 123.6 million.

Corrections Corp. (NYSE: CXW) is based in Nashville and is the nation's largest owner of private correctional and detention facilities.

The company runs 64 facilities, including 40 that are company owned.

Corrections' stock Friday afternoon was at $63.96, up 44 cents.
http://milwaukee.bizjournals.com/nashville/stories/2007/06/04/daily24.html?t=printable

OOH! Losing money? SELL SELL SELL!

[MikeNearMcChord]

1. Private Prisons like Private armies should be abolished

There is no incentive to keep people out and also these companies can bribe prosecutors to increase the body count. Private Prisons are also channels of back door slavery, especially in cooperation with other businesses.

[ixion]

2. gee, sounds like the prison business is booming

yeah another catastrophic success for BushCo. :grr:

[Joanne98]

3. stock splits aren't always a good sign

Sometimes they split the stock when they know it's headed DOWN!

[Turbineguy]

4. I wonder where

they hold their stockholders meetings?:evilgrin:

[Joanne98]

5. If you find out let me know!

:hi: