NVR amends bylaws to require 25% ownership for special meeting requests

NVR INC

Board approved amendment to Bylaws on December 11, 2024, raising threshold for special shareholder meetings.
Shareholders must own at least 25% of outstanding common stock continuously for at least one year to call a special meeting.
Updated Bylaws effective immediately; Article 2.05 amended to reflect new ownership requirement.

item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NVR INC: 修改了公司章程第2.05条，将股东请求召开特别会议的持股门槛降低为至少25%且连续持有至少一年。 (effective 2024-12-11).

Change: bylaw amendment
Effective: 2024-12-11

Exact text from the filing

On December 11, 2024, the Board of Directors of NVR, Inc. (the "Company") approved an amendment to the Company's Bylaws (the "Amended and Restated Bylaws") regarding shareholder requested special meetings. Article 2.05 of the Amended and Restated Bylaws has been amended to provide that a special meeting of shareholders may be requested by one or more shareholders of record owning, and having owned continuously for a period of at least one year prior to the date such special meeting request is received, not less than 25% combined of NVR's outstanding common stock.

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Source: SEC EDGAR

accession 0000906163-24-000142

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