Twin Disc lowers shareholder threshold for calling special meetings to 10% from 25%
TWIN•Twin Disc amended its bylaws, lowering the shareholding threshold for requesting special meetings to 10% from 25%, effective October 29, 2020.
1. Bylaw changes
Twin Disc amended its bylaws to lower the shareholding threshold for requesting special meetings to 10% from 25%. The board may also hold annual or special shareholder meetings solely through remote communication, and shareholders soliciting proxies for alternative director nominees must follow universal proxy rules, including notification requirements.




