Penske Automotive Group, Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 10/14/2020   Download
SEC Document
SEC Filing

Our Board of Directors adopted amended and restated bylaws effective October 14, 2020. The principal changes were to facilitate virtual stockholder meetings, require more information from stockholders who wish to present a matter at our annual stockholders meeting, and lower the quorum requirements for Board committee meetings from a majority of committee members to 40% of committee members.