Summary by Moomoo AI
On October 30, 2024, Vistra's Board of Directors approved and implemented Amended and Restated Bylaws, introducing significant corporate governance changes. The amendments enhance stockholder participation by revising procedures for director nominations and proposal submissions at shareholder meetings.Key changes include modifications to stockholder voting list provisions, meeting adjournment procedures aligned with Delaware law updates, and new proxy access provisions. The amendments also allow for special Board meetings to be called with less than 24 hours' notice when necessary, improving Board responsiveness to urgent matters.The revised bylaws, which took immediate effect, also incorporate various technical and conforming changes to streamline corporate governance procedures. These amendments reflect Vistra's commitment to modernizing its governance framework and enhancing shareholder rights.
