At the 2019 Annual Meeting of Shareholders in June, shareholders voted to establish the CIRI Settlement Trust (CST). A settlement trust can provide a range of benefits to its beneficiaries, including shareholder distributions, burial assistance, training and internships, cultural programs and other activities.
On Aug. 1, the CST Board of Trustees—comprised of the chair, vice chair, secretary, assistant secretary, treasurer, assistant treasurer and chair emeritus of the CIRI Board of Directors—approved shareholder distributions from the third quarter onward to be paid from the CST. Please refer to the Third Quarter Distributions article for additional information.