other
confidence high
sentiment neutral
materiality 0.10
Jack Henry amends bylaws to align with certificate; no immediate effect
JACK HENRY & ASSOCIATES INC
- Board approved amended bylaws on June 28, 2024, effective immediately.
- Voting standard for stockholder actions changed from majority of shares present to as set in certificate.
- Voting standard for bylaw amendments changed from two-thirds of outstanding shares to as set in certificate.
- Certificate currently contains similar provisions, so amendments have no substantive effect unless certificate is amended later.