Microsoft Corporation (MSFT, Financial) has announced amendments to its Bylaws, effective July 1, 2025, as approved by the company's Board of Directors. These changes are designed to improve the process for director nominations submitted by shareholders. Specifically, the amendments introduce a cure process for addressing deficiencies in nomination notices.
Under the new amendments, if a shareholder submits a director nomination notice within the specified time frame outlined in the Bylaws, Microsoft will notify the shareholder of any deficiencies in the notice. The shareholder will then have the opportunity to correct these deficiencies, ensuring a more streamlined and transparent nomination process.
This development reflects Microsoft's commitment to maintaining robust corporate governance practices and enhancing shareholder engagement. The full text of the amended Bylaws is available as part of the company's Form 8-K filing.
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