Graphic Packaging Holding Company announced that its stockholders have approved amendments to its Certificate of Incorporation and By-laws at its 2026 Annual Meeting. The key governance changes include the declassification of the company's Board of Directors over a three-year period and granting stockholders who own at least 25% of common stock the right to call a special meeting.
Key Details
- Board Declassification: The Board of Directors will be declassified over a three-year period. Beginning at the 2029 annual meeting, all directors will be elected annually for one-year terms.
- Stockholder Special Meeting Rights: One or more stockholders collectively holding at least 25% of the company's outstanding common stock are now permitted to call a special meeting.
- Approval & Effective Date: The amendments were approved by stockholders on June 11, 2026, and became effective upon filing with the Delaware Secretary of State on June 15, 2026.