Global Payments sets 1% ownership threshold for shareholder derivative suits
GPN•Global Payments’ board adopted bylaw amendments effective October 28, 2026, requiring shareholders to meet a 1% ownership threshold to bring or maintain derivative proceedings and making the Georgia State-wide Business Court the exclusive forum for internal entity claims.
1. Bylaw amendments
Global Payments’ board adopted the amendments on October 28, 2026, and they took effect immediately. The rules set a 1% ownership threshold for shareholders commencing or maintaining derivative proceedings on the company’s behalf and designate the Georgia State-wide Business Court as the exclusive forum for internal entity claims, including proceedings seeking court-ordered corporate records inspections.
