Gen Digital Inc. (GEN, Financial) has announced amendments to its Bylaws, effective October 8, 2024, following a decision by the company's Board of Directors. The changes, recommended by the Nominating and Governance Committee, aim to refine procedural mechanics and enhance informational and written representation requirements related to stockholder nominations of directors and the submission of stockholder proposals.
The updated Bylaws are designed to improve the advance notice and proxy access provisions, ensuring a more streamlined and transparent process for stockholders. Additionally, the amendments include various ministerial, clarifying, and conforming changes to align with current governance standards.
This move reflects Gen Digital Inc.'s commitment to maintaining robust governance practices and facilitating effective communication with its stockholders. The full text of the Amended Bylaws is available as part of the company's Form 8-K filing.
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