Current Report Filing (8-k)
December 08 2021 - 04:31PM
Edgar (US Regulatory)
GEO GROUP INC false 0000923796 0000923796
2021-12-02 2021-12-02
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 2,
2021
THE
GEO GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
|
|
|
|
|
Florida |
|
1-14260 |
|
65-0043078 |
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
|
|
|
4955 Technology Way, Boca Raton,
Florida |
|
33431 |
(Address of Principal Executive
Offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code (561)
893-0101
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instructions A.2.
below):
☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
|
Securities registered pursuant to Section 12(b) of the Act:
|
|
|
|
|
Title of each class
|
|
Trading
Symbol
|
|
Name of each exchange
on which registered
|
Common Stock, $0.01 Par
Value |
|
GEO |
|
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act.
Section 8 Other Events
On December 2, 2021, The GEO Group, Inc. (“GEO” or the
“Company”) announced in a press release that its Board of Directors
(the “Board”) unanimously approved a plan to terminate its Real
Estate Investment Trust (“REIT”) election and become a taxable C
corporation, effective for the fiscal year ending December 31,
2021. The decision stems from the Board’s evaluation of GEO’s
corporate tax structure and REIT status, which was announced on
April 7, 2021. The Company also announced that the Board voted
unanimously to discontinue GEO’s quarterly dividend. Lastly, the
Company also updated guidance for the fourth quarter and full-year
2021.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
THE GEO GROUP, INC. |
|
|
|
|
December 8, 2021 |
|
|
|
By: |
|
/s/ Brian R. Evans
|
Date |
|
|
|
|
|
Brian R.
Evans |
|
|
|
|
|
|
Senior Vice
President and Chief Financial Officer |
|
|
|
|
|
|
(Principal
Financial Officer) |
2
Geo (NYSE:GEO)
Historical Stock Chart
From Jun 2022 to Jul 2022
Geo (NYSE:GEO)
Historical Stock Chart
From Jul 2021 to Jul 2022