THE GEO GROUP, INC. (NYSE:GEO) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item5.03
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Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year |
On April24, 2017, The GEO Group, Inc. (GEO or the Company) filed
Articles of Amendment to its Amended and Restated Articles of
Incorporation (the Articles of Amendment) with the Secretary of
State of the State of Florida effective April24, 2017. The only
change reflected in the Articles of Amendment is an increase in
the authorized number of shares of common stock of the Company
from 125,000,000 shares to 187,500,000 shares in connection with
the 3-for-2 stock
split. A copy of the Articles of Amendment is attached hereto as
Exhibit 3.1 and is incorporated by reference herein.
| Section8 | Other Events |
| Item8.01 | Other Events |
On April24, 2017,
GEO completed its 3-for-2 stock split to shareholders of record
as of the close of business on April10, 2017. On April25, 2017,
GEO issued a press release announcing the completion of the
3-for-2 stock split and its stock began trading at the
split-adjusted price at the market open on April25, 2017. After
giving effect to the issuance of shares to the 3-for-2 stock
split, the Company has 124,432,108 shares of common stock
outstanding as of April24, 2017. A copy of the press release
announcing the stock split is attached hereto as Exhibit 99.1 and
is incorporated by reference herein.
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| Section9 | Financial Statements and Exhibits |
| Item9.01 | Financial Statements and Exhibits. |
| d) | Exhibits |
| 3.1 |
Articles of Amendment to the Amended and Restated Articles of Incorporation of The GEO Group, Inc. |
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| 99.1 |
Press release, dated April25, 2017, announcing the completion of the 3-for-2 stock split. |
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About THE GEO GROUP, INC. (NYSE:GEO)
The GEO Group, Inc. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa and the United Kingdom. The Company operates in four segments: U.S. Corrections & Detention, GEO Care, International Services, and Facility Construction & Design. The Company owns, leases and operates a range of correctional and detention facilities including maximum, medium and minimum security prisons, immigration detention centers, minimum security detention centers, as well as community based reentry facilities, and offers delivery of offender rehabilitation services under its GEO Continuum of Care platform. The GEO Continuum of Care program integrates in-prison programs, which include cognitive behavioral treatment and post-release services. THE GEO GROUP, INC. (NYSE:GEO) Recent Trading Information
THE GEO GROUP, INC. (NYSE:GEO) closed its last trading session up +0.84 at 33.64 with 827,656 shares trading hands.