The proposal by inmate rights activist Alex Friedman to have Corrections Corp. of America report twice a year on its efforts to eliminate sexual abuse at its facilities garnered a sixth of the eligible votes at the company's recent annual shareholders' meeting. CCA had countered Friedman's push by saying it already reports regularly on the issue and plans to adhere to new guidelines being finalized by the U.S. Department of Justice.

CCA on Friday also said it plans to buy back $60 million of its $150 million of senior notes that are set to mature in 2014. Those notes carry an interest rate of 6.75 percent.