Koniag, Inc. is one of 13 regional Native corporations established by Congress in 1971 under the terms of the Alaska Native Claims Settlement Act (ANCSA). ANCSA settled the aboriginal land claims of Alaska Native people by conveying land and seed capital to Native for-profit corporations representing various geographic regions of the state.
Koniag’s original share of the ANCSA settlement was $23 million, 800 acres of land and the “subsurface estate” of approximately 900,000 acres. Koniag was incorporated on June 23, 1972, to manage the land and financial assets on behalf of the corporation’s approximately 3,800 Alutiiq shareholders who originated from the Kodiak Archipelago. The corporation’s headquarter office is located in Kodiak, Alaska with an office in Anchorage, Alaska.
Koniag’s approach to business has evolved to meet new challenges, expanding opportunities and the needs of its shareholders. The corporation’s investments range from real estate holdings, resource development and business operations that include oversight of over a dozen subsidiaries.
The Koniag Board of Directors is dedicated to preserving the culture and land for future generations by keeping our businesses profitable to provide benefits such as dividends, education/employment opportunities, and a source for culture information to current and future shareholders.
The Koniag Board of Directors announced at the 2014 Annual Meeting that there will be a dividend distribution of $3.00 per share to Shareholders in January 2015.
Please take a moment to check if your address and direct deposit information are current.
Please watch for another announcement with further details.more
Koniag’s 2014 Annual Meeting was held on Saturday, October 4, 2014 at the Dena’ina Civic and Convention Center in Anchorage, Alaska. At the meeting, the shareholders elected three (3) Directors, each to serve a term of three (3) years. The following individuals were elected to a three (3) year term:
Richard D. Frost
M. Brent [...]more
605 Seward NW, Suite 101
Grand Rapids, MI 495041