other material
confidence high
sentiment neutral
materiality 0.30
Watts Water amends bylaws, removing director removal-for-cause provision
WATTS WATER TECHNOLOGIES INC
- Board approved amendment effective Nov 1, 2021 deleting Article II, Section 6 allowing director removal for cause by majority vote.
- Change eliminates board's ability to remove a director for cause; shareholder removal procedures unchanged.
- Full amended bylaws filed as Exhibit 3.1 to the 8-K.