Who we are
Koniag, Inc. (the Company) is a regional corporation formed pursuant to the Alaska Native Claims Settlement Act of 1971 (ANCSA). The Company is owned by 3,879 Alaska Native Shareholders. Approximately 60% of the Shareholders live within the state of Alaska.
ANCSA settled the aboriginal land claims of the Alaska Native people by providing for conveyance of money, land and other natural resources to regional corporations and village corporations within each region. The Company’s original share of this entitlement was $24 million and approximately 800 acres of surface estate and approximately 900,000 acres of subsurface estate.
As of March 31, 2012, the Company has interim conveyance or patent to approximately 105,000 acres of surface estate and approximately 900,000 acres of subsurface estate. The additional surface estate received is a result of a merger with two village corporations and the subsurface is entitled under ANCSA.
The Company continues to pursue a business strategy that reduces risk through diversification while focusing on improved profitability and growth by investing in and developing greater expertise in core businesses and industries. This strategy has driven and continues to drive investment and divestiture decisions of the Company.
Kodiak Office Director-Kodiak: Koniag is recruiting for a Kodiak Office Director, a new position within our corporate department. The individual who fills this position will collaboratively lead the team that is currently in place in Koniag’s Kodiak office and Shareholder Services Department.There are three critical functions in the Kodiak office that are currently performed by [...]more
Please consider joining Koniag Education Foundation (KEF), Kodiak College, and the Alutiiq Museum on April 29th at the Kodiak Community Library from 6:30-8pm for a free “Making a Will” event. The event is free, but registration is required. Email or call Harry W. Need at the University of Alaska Foundation at [...]more
June 2015 7(j) Distribution: June 18, 2015 is the deadline to make changes to mailing addresses and direct deposit informationDividend Distribution to Class B Shareholders of $15.47 per share. Class A and Class C Shareholders do not receive this distribution since by statute as these funds are paid to their respective village corporations. Distribution [...]more
Class B Shareholders will receive their portion of Koniag’s shared resource development revenue from other regional corporations on June 30, 2015. This year’s distribution is $15.47 per share of Class B stock.
Class A and Class C Shareholders do not receive this distribution since by statute as these funds are paid to their respective village [...]more