other
confidence high
sentiment neutral
materiality 0.20
EastGroup Properties amends bylaws to update stockholder nomination and proxy rules
EASTGROUP PROPERTIES INC
- Board amended and restated bylaws effective Aug 23, 2024, with changes to stockholder nominations and business proposals.
- Adds requirement that stockholders submitting director nominations represent intent to comply with universal proxy rules (Rule 14a-19).
- Requires stockholders soliciting proxies to use a proxy card color other than white.
- Includes technical updates for virtual meetings and other modernizing changes.