Dillard's Inc. has announced amendments to its bylaws, specifically filing a Certificate of Elimination to eliminate the Certificate of Designations for its Series A Junior Participating Preferred Stock. This change follows the expiration of a shareholder rights plan in 2012, with no shares having been issued or outstanding. The previously authorized shares now return to the status of undesignated preferred stock.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.