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.
Koniag subsidary company Koniag Information Security Services (KSS) once again made the Washington Business Journal’s “2016 Top 50 Government Technology Contractors” list. Quyanaa to our KSS family for all of your hard work!more
Koniag subsidiary company Open Systems Technologies, or OST, has been named by the Association for Corporate Growth, or ACG, Western Michigan as the recipient of the 2016 Outstanding Growth Award.
“This award is a testament that our company’s guiding principles of honoring our families first, delighting our clients, serving with humility and embracing entrepreneurship [...]more
7(j) Distribution to Class B Shareholders (only) of $12.89 per share.
Distribution date is June 30, 2016. Direct deposits will be made and checks will be mailed on that date.
Deadline to make changes to address and direct deposit information is June 21, 2016.
My Koniag will be unavailable to make updates by Shareholders between [...]more
The Shareholder Records Coordinator is responsible for providing administrative support services to the Corporate & Shareholder Records Manager to maintain the Corporation’s stockholder records, database, and corporate records as needed. Duties shall be performed in accordance with the directives of Koniag, Inc.; policies established by Koniag’s Board of Directors; the By-laws of the [...]more