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CoreCivic, Inc. is now in a strong financial position and has launched a generous share buyback program to reward shareholders. The buyback yield is calculated around 16%.

New yorkUnited statesNew york stock exchangeMichael burryCorecivic incYork stock exchangePalma correctional centerGroup incReturn levelStrong financialReduction dueCapital allocation strategyDebt reduction dueDebt burden comparedAuthors own modificationBurden compared