other material
confidence high
sentiment neutral
materiality 0.25
Acadia Realty Trust amends bylaws to give shareholders power to alter or repeal them by majority vote
ACADIA REALTY TRUST
- Board adopted governance enhancement enabling shareholders to alter/repeal any Bylaw provision by majority vote.
- Board retains co-extensive power to alter/repeal Bylaws alongside shareholders.
- Amended and Restated Bylaws also include ministerial changes.