2026-03-16 14:06:15
Centrus Energy Corp. Adopts Fourth Amended and Restated Bylaws
Expected Stock impact: None Expected
On March 10, 2026, Centrus Energy Corp. announced the adoption of its Fourth Amended and Restated Bylaws by its board of directors. This update includes several key amendments aimed at clarifying and enhancing corporate governance practices. Notably, Article II, Section 6 has been amended to clarify the stockholder voting standard, ensuring that it reflects the existing voting standard without making substantive changes. Additionally, Article II, Section 9 has been revised to comply with the universal proxy rules established by the U.S. Securities and Exchange Commission, which will affect how stockholders nominate director candidates. The new bylaws require that any stockholder nominating a director must use a proxy card color other than white and must comply with specific solicitation requirements. Furthermore, a new Article XI has been added, designating the Court of Chancery of the State of Delaware as the exclusive forum for certain corporate law claims, while federal district courts will handle claims arising under the Securities Act of 1933. These changes are part of Centrus Energy's ongoing efforts to strengthen its governance framework and ensure compliance with evolving regulatory standards. The full text of the bylaws is available as an exhibit to the current report on Form 8-K.
