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CarMax Board Changes: Director Departure and Bylaws Amendment
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CarMax Board Changes: Director Departure and Bylaws Amendment

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Invest with Confidence:

CarMax ( (KMX) ) just unveiled an announcement.

On January 28, 2025, CarMax board member Ronald E. Blaylock announced he would not seek reelection at the company’s 2025 annual meeting, a decision unrelated to any disagreement with the company. Additionally, the CarMax Board amended the company’s bylaws to allow shareholders owning at least 20% of common stock to call special meetings, potentially increasing shareholder influence in company decisions.

More about CarMax

CarMax, Inc. operates in the automotive retail industry, focusing on selling used cars and offering related services to customers across the United States.

YTD Price Performance: 7.84%

Average Trading Volume: 1,903,649

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.47B

Learn more about KMX stock on TipRanks’ Stock Analysis page.

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