Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Concentrix Corp: Amended Article 10 to reduce the supermajority vote requirement for adopting, amending, or repealing bylaws from 66-2/3% to a simple majority (effective 2025-01-09).
- Change
- bylaw amendment
- Effective
- 2025-01-09
Exact text from the filing
On January 9, 2025, the Board of Directors of Concentrix Corporation (the “Company”) adopted an amendment (the “Amendment”) to the Amended and Restated Bylaws, as amended, of the Company (the “Bylaws”), effective immediately. The Amendment amended Article 10 of the Bylaws to change the supermajority provision that required the vote of at least 66-2/3 percent of the voting power of the shares of the capital stock of the Company to adopt, amend, or repeal the Bylaws to a simple majority.
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