On December 18, 2024, Skechers U.S.A., Inc. announced in an 8-K filing with the Securities and Exchange Commission that its Board of Directors had approved an amendment to the company’s bylaws. The Fifth Amendment, effective as of the same date, brought modifications to certain provisions of Article VI, Section 6.1 of the Bylaws.
One significant change outlined in the amendment is the provision for the issuance of uncertificated shares of the company’s stock, subject to approval by the Board of Directors. While the amendment was passed, it is important to note that the details included in the filing do not provide a complete overview of all changes made. The complete text of the Fifth Amendment can be found as Exhibit 3.1 attached to this Current Report on Form 8-K.
Philip Paccione, the Secretary of Skechers U.S.A., Inc., signed the report on behalf of the company on December 20, 2024. The filing did not indicate any further details or upcoming events relating to the company’s operations or financial status.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Skechers U.S.A.’s 8K filing here.
Skechers U.S.A. Company Profile
Skechers U.SA, Inc designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands.
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