Group 1 Automotive Amends Bylaws to Simplify Director Changes

Reuters

17 May

Group 1 Automotive Amends Bylaws to Simplify Director Changes

Group 1 Automotive Inc. has announced amendments to its bylaws effective May 13, 2025. The changes, approved by the Board of Directors, remove the requirement for an 80% supermajority vote to amend or repeal certain sections related to the number, term, vacancies, and removal of directors. Instead, a majority vote will now suffice. The amendments also include various ministerial and clarifying adjustments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Group 1 Automotive Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001031203-25-000035), on May 16, 2025, and is solely responsible for the information contained therein.

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