NASHVILLE, TN -- (Marketwired) -- 06/14/13 --
CCA (NYSE: CXW) (Corrections Corporation of America) announced today it will be added as a constituent to the following indices after the market closes on June 21, 2013:
- FTSE NAREIT Composite Index
- FTSE NAREIT All Equity REITs Index
- FTSE NAREIT Equity REITs Index
Additionally, CCA has been added to the FTSE NAREIT 50 Reserve List.
Damon Hininger, President and CEO, commented, "CCA is very excited to be included in another very important group of indices. Being added to the FTSE NAREIT US Real Estate Index Series positions us to broaden our investor base. The indices are used extensively by investors worldwide for investment analysis, performance measurement and asset allocation. Being included in all of these indices represents significant recognition for CCA."
About CCA
CCA, a publicly traded real estate investment trust (REIT), is the nation's largest owner of partnership correction and detention facilities and one of the largest prison operators in the United States, behind only the federal government and three states. We currently operate 67 facilities, including 51 facilities that we own or control, with a total design capacity of approximately 92,500 beds in 20 states and the District of Columbia. CCA specializes in owning, operating and managing prisons and other correctional facilities and providing inmate residential services for governmental agencies. In addition to providing the fundamental residential services relating to inmates, our facilities offer a variety of rehabilitation and educational programs, including basic education, religious services, life skills and employment training and substance abuse treatment.
CCA takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events or for any changes or modifications made to this press release.
Contact:
Investors and Analysts:
Karin Demler
CCA
(615) 263-3005
Media:
Steve Owen
(615) 263-3107
Source: Corrections Corporation of America
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