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Corrections Corporation of America Message Board

  • trader0670 trader0670 Jun 10, 1999 12:41 AM Flag

    Drip

    If you participate in the Plan, you may obtain
    additional shares of common stock by:

    reinvesting
    all or a portion of dividends received by
    you

    make optional cash purchases of not less than $50 or
    more than $5,000 (subject to a $1,000 minimum
    investment requirement for first fime investors in the
    company's common stock) once each month, whether or not you
    choose to reinvest your quarterly dividends; or


    making optional cash purchases of greater than $5,000
    once each month, with the permission of the company,
    whether or not you choose to reinvest your quarterly
    dividends.

    "at the market price of the common stock once each
    month at the market price of the common stock, less the
    applicable discount, (0-5%) if any determined by the
    company."

    for purchases the investment date will be the 10th of
    the month.

 
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