CoreCivic, Inc. filed an 8-K with the SEC on November 4, 2026, disclosing a $500.0 million increase to its existing share repurchase program and announcing financial results for the quarter ended September 30, 2026.

Key Highlights

  • New authorization: The Board approved an additional $500.0 million for share repurchases on November 3, 2026.
  • Program total raised: The aggregate repurchase authorization increased from up to $1.2 billion to up to $1.7 billion in Common Stock.
  • Remaining capacity: Including the new authorization, approximately $755.8 million remains available under the current Board-authorized repurchase plan.
  • No time limit: According to the filing, the share repurchase program has no time limit and does not obligate the company to purchase any particular amount of Common Stock.
  • Q3 2026 results: A press release announcing financial results for the quarter ended September 30, 2026 was furnished as Exhibit 99.1 to the filing.
  • Conference call scheduled: The company disclosed it will hold a conference call on November 5, 2026 at 10:00 a.m. Central Time to discuss third-quarter results.

CoreCivic Expands Repurchase Program to $1.7 Billion Aggregate

CoreCivic, Inc. (NYSE:CXW) reported in its November 4, 2026 Form 8-K that the company's Board of Directors authorized a $500.0 million increase to its existing share repurchase program on November 3, 2026. The filing describes the action as an "Additional Authorization," bringing the total aggregate authorization under the program from up to $1.2 billion to up to $1.7 billion in shares of the company's Common Stock, which carries a par value of $0.01 per share.

According to the filing, the program carries no expiration date and places no obligation on the company to repurchase any specific quantity of shares. The Board retains discretion to terminate, suspend, increase, or decrease the authorization at any time. Repurchases may be conducted in the open market, through privately negotiated transactions, accelerated share repurchases, or other methods, subject to applicable securities laws and restricted payment limitations in the company's debt agreements. The filing states that as of the Additional Authorization, approximately $755.8 million remains available under the plan.

Separately, the 8-K discloses under Item 2.02 that CoreCivic issued a press release on November 4, 2026 announcing its financial results for the quarter ended September 30, 2026, along with updated full-year guidance for 2026. The press release was furnished as Exhibit 99.1. The filing notes that forward-looking statements, including those regarding the repurchase program, are subject to risks and uncertainties described in the company's filings with the SEC, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The 8-K was signed by David M. Garfinkle, Executive Vice President and Chief Financial Officer.

What Was Disclosed

CoreCivic's November 4, 2026 8-K disclosed a $500.0 million addition to its share repurchase program, raising total authorization to up to $1.7 billion, with approximately $755.8 million remaining, and furnished third-quarter 2026 financial results as an exhibit.