Results of Operations and Financial Condition · Other Events
Item 2.02. Results of Operations and Financial Condition. On November 4, 2026, CoreCivic, Inc., a Maryland corporation (the “Company”), issued a press release announcing its financial results for the quarter ended September 30, 2026 and updating full-year guidance for 2026. A copy of the release is furnished as part of this Current Report as Exhibit 99.1 and incorporated herein by reference.…
Filed Nov 4, 2026Accepted Nov 4, 2026, 4:05 PM ESTCIK 1070985Accession 0001193125-26-447206
CoreCivic is a diversified, government-solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that help build safer, healthier, and more productive communities one person at a time through residential corrections, detention, and reentry management, complementary service offerings to the corrections industry that include pharmaceutical, transportation, and alternatives to incarceration, and government real estate solutions. We are the nation’s largest owner of partnership correctional, detention and residential reentry facilities, and one of the largest operators of such facilities in the United States. We have been a flexible and dependable partner for government for more than 40 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good. Learn more at www.corecivic.com.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition.
On November 4, 2026, CoreCivic, Inc., a Maryland corporation (the “Company”), issued a press release announcing its financial results for the quarter ended September 30, 2026 and updating full-year guidance for 2026. A copy of the release is furnished as part of this Current Report as Exhibit 99.1 and incorporated herein by reference. The Company will hold a conference call to discuss its financial results for the quarter ended September 30, 2026 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Thursday, November 5, 2026.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
On November 3, 2026, the Board of Directors of the Company (the “Board”) authorized an increase (the “Additional Authorization”) to its existing share repurchase program pursuant to which the Company may purchase up to an additional $500.0 million in shares of the Company’s outstanding common stock, par value $0.01 per share (“Common Stock”). As a result of the Additional Authorization, the aggregate authorization under the Company’s repurchase program increased from up to $1.2 billion shares of Common Stock to up to $1.7 billion shares of Common Stock. The share repurchase program has no time limit and does not obligate the Company to purchase any particular amount of Common Stock. The authorization for the share repurchase program may be terminated, suspended, increased or decreased by the Board in its discretion at any time. Repurchases of Common Stock by the Company will be made in accordance with applicable securities laws and may be made at management’s discretion within parameters set by the Board from time to time in the open market, through privately negotiated transactions, accelerated share repurchases or otherwise, subject to restricted payment limitations in the Company’s debt agreements. Including the Additional Authorization, the Company has approximately $755.8 million remaining under the current Board authorized share repurchase plan.
Cautionary Statement Regarding Forward-Looking Statements
This Current Report on Form 8-K includes forward-looking statements including statements regarding the Company’s share repurchase program. These forward-looking statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. Important factors that could cause actual results to differ are described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission (the “SEC”) and include the risk factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 20, 2026. Except as required by applicable law, the Company undertakes no obligation to update forward-looking statements made by it to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.
Filed exhibits (1)
EX-99.1 (by filename) d165428dex991.htm
Exhibit 99.1
New Release
Contact: Investors: Jeb Bachmann - Managing Director, Investor Relations - (615) 263-3024
Media: Steve Owen - Vice President, Communications - (615) 263-3107
C ORE C IVIC R EPORTS T HIRD Q UARTER 2026 F INANCIAL R ESULTS
STRONG FINANCIAL PERFORMANCE PROPELLED BY FACILITY SALES AND OCCUPANCY GAINS
$500 MILLION ACCELERATED SHARE REPURCHASE AGREEMENT AMPLIFIES PER SHARE GROWTH
BOARD OF DIRECTORS EXPANDS SHARE REPURCHASE AUTHORIZATION BY AN ADDITIONAL $500 MILLION
BRENTWOOD, Tenn. - November 4, 2026 - CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its
third quarter 2026 financial results.
Financial Highlights - Third Quarter 2026
For the Three Months Ended % Increase from
September 30, 2026 Prior Year Quarter
➢ Total revenue $ 744.1 million 28.2%
──────────────────────────────────────────────────────────────────────────────────────────────────────────────
➢ Gain on sale of real estate $ …