GMS Inc. Adopts Amended and Restated Bylaws

On January 23, 2025, GMS Inc. (NYSE:GMS) announced the approval and adoption of the Third Amended and Restated Bylaws of the company by its Board of Directors. These amended and restated bylaws became effective on the same day of approval.

Among the key changes brought about by the Amended and Restated Bylaws are enhancements to procedural mechanics and disclosure requirements relating to stockholder nominations of directors and submissions of proposals regarding other business at stockholder meetings. These enhancements include the necessity for additional background information and disclosures concerning proposing stockholders, proposed nominees and business, and other parties connected to a stockholder’s solicitation of proxies. Additionally, the amendments incorporate other ministerial, clarifying, and conforming changes to the existing bylaws.

In accordance with the mandatory disclosure requirements, GMS Inc. filed the Third Amended and Restated Bylaws as an exhibit alongside the announcement. The effective date for these bylaws is January 23, 2025.

As per Item 9.01 of the filing, the company submitted the Third Amended and Restated Bylaws as the sole exhibit attached to the Form 8-K report submitted to the Securities and Exchange Commission on this matter.

Following the adoption of the Amended and Restated Bylaws, Scott M. Deakin, the Chief Financial Officer of GMS Inc., signed the report on behalf of the Registrant as required under the Securities Exchange Act of 1934.

This update reflects GMS Inc.’s ongoing commitment to governance practices and transparency in its operations. Investors and stakeholders are encouraged to review the full details of the Third Amended and Restated Bylaws for a comprehensive understanding of the changes put forth by the company.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read GMS’s 8K filing here.

About GMS

GMS Inc distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings.