Fuelcell Energy (FCEL) has released an update.
FuelCell Energy, Inc. has updated its governance rules, simplifying the process for shareholders to propose candidates for the board or submit proposals by eliminating the need to disclose information about collaborators, previously termed as “Acting in Concert.” This change, effective as of February 22, 2024, reflects the company’s commitment to streamlining shareholder engagement and could pique the interest of investors looking for companies with a more accessible approach to corporate governance.
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