other material
confidence high
sentiment neutral
materiality 0.25
PulteGroup extends shareholder rights plan expiration to June 1, 2025
PULTEGROUP INC/MI/
- Fifth Amendment extends Rights Agreement expiration from June 1, 2022 to June 1, 2025.
- Amendment was unanimously approved by the board; subject to shareholder approval by June 1, 2022.
- Rights plan is intended to protect net operating loss carryforwards from triggering ownership changes.
- Agreement is between PulteGroup and Computershare Trust Company, N.A., as rights agent.