other
confidence high
sentiment neutral
materiality 0.30
Hyatt retires 471,147 Class B shares after conversion, reduces authorized capital
Hyatt Hotels Corp
- Certificate of Retirement filed Feb 8, 2024 to retire 471,147 converted Class B shares.
- Total authorized shares reduced by 471,147 to 1,400,441,014.
- Authorized now: 1,000,000,000 Class A, 390,441,014 Class B, 10,000,000 Preferred.
- Shares were converted into Class A and sold by selling stockholders under Rule 144.
- Class B shares retired per charter; cannot be reissued.