Block, Inc. announced that its Board of Directors approved an amendment to and restatement of the company's corporate bylaws, effective October 28, 2026. The amendment primarily involves clarifying changes to the exclusive forum provisions, which dictate the legal venues for specific types of shareholder litigation.
Key Details
- Event: The Board of Directors approved an amendment to the company's Amended and Restated Bylaws.
- Effective Date: The changes became effective immediately on October 28, 2026.
- Purpose of Amendment: To make clarifying updates to the exclusive forum provisions, which designate the specific courts where certain shareholder lawsuits against the company must be filed.