At the 2019 Annual Meeting of Shareholders, a shareholder resolution was submitted regarding opening enrollment to Aleut Corporation descendants that can prove Aleut blood or lineal descent of an original shareholder.
Open Enrollment Plan: In the Spring of 2016 the Board of Directors adopted a financial target of $15M net income for four consecutive years in order to consider an advisory vote on open enrollment.
During this four-year period, the shareholder department has been actively registering descendants.
Registered descendants are sent electronic newsletters and offered to participate in youth programs and TAF scholarships. Today we have 251 descendants registered. (We know we have so many more!)
Currently, 678 shareholders have been gifted shares. 50 gifting applications are on hold pending additional documentation.
Please consider gifting shares or registering our descendants. Forms are available on our website.