CoreCivic Reports Increased Q2 Revenue, Expands Buyback Program, and Finalizes Facility Divestitures
CoreCivic reported a 27.3% increase in Q2 2026 revenue to $684.9 million, with net income reaching $37.1 million. The company's board authorized an additional $500 million for share repurchases and completed the sale of four facilities for $2.2 billion, generating an estimated $1.8 billion gain. These actions reflect strong financial performance and strategic asset management, impacting shareholder value and debt reduction.
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