Summary by Moomoo AI
On August 20, 2024, Apple Inc. announced that its Board of Directors has approved and adopted amended and restated bylaws. The changes, effective immediately, aim to revise the procedural mechanics and disclosure requirements for shareholder nominations of directors and other business proposals at shareholder meetings. The amendments include defining certain terms, clarifying and limiting the scope of information and disclosures required from proposing shareholders, proposed nominees, and other related persons, as well as making various ministerial and conforming changes. The full text of the Amended and Restated Bylaws is attached as Exhibit 3.2 to the current report on Form 8-K filed with the SEC.