other
confidence high
sentiment neutral
materiality 0.05
First Horizon amends charter to remove obsolete preferred stock provisions, change registered agent
FIRST HORIZON CORP
- Board approved amendments on July 22, 2024; effective July 23, 2024 upon filing with Tennessee Secretary of State.
- Series D preferred stock fully redeemed; Series G preferred stock fully converted to common stock.
- Removed charter provisions supporting Series D and G; shares reverted to authorized but unissued undesignated preferred.
- Company's registered agent changed as part of the charter amendment and restatement.