other material
confidence high
sentiment neutral
materiality 0.15
Popular, Inc. adopts amended by-laws, adding universal proxy rule compliance provisions
POPULAR, INC.
- Bylaws amended to comply with SEC universal proxy rules, requiring stockholder certification 5 business days before meeting.
- Stockholder nomination and proposal notice requirements refined, including information and questionnaire details.
- Deadline for stockholder notices set: no earlier than 120 days, no later than 90 days before annual meeting or 10 days after public announcement.
- Stockholders soliciting proxies must use a proxy card color other than white.
- Additional administrative, technical, and conforming changes made; effective Sept. 28, 2023.