other
confidence high
sentiment neutral
materiality 0.10
Block amends bylaws to align with Delaware law and universal proxy rules
Block, Inc.
- Board approved amended bylaws effective Oct. 20, 2022, to conform with DGCL updates on meeting notices, adjournments, and written consent.
- Definition of 'public announcement' in bylaws aligned with the Delaware General Corporation Law.
- Provisions added regarding stockholder director nominations to address SEC universal proxy rules.
- Clarified appointment, election, and removal of officers; other ministerial and conforming changes made.