ANNALY CAPITAL MANAGEMENT, INC. (NYSE:NLY) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On December 13, 2018, the Board of Directors (the “Board”) of Annaly Capital Management, Inc., a Maryland corporation (“Annaly” or the “Company”), approved the declassification of the Board and adopted the Amended and Restated Bylaws of the Company, effective as of the same date, to give effect to the declassification. The declassification of the Board will be phased in commencing with the 2019 annual meeting of stockholders, and will result in the Board being fully declassified (and all Board members standing for annual elections) commencing with the 2021 annual meeting of stockholders.
The foregoing summary of the declassification and the Amended and Restated Bylaws does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended and Restated Bylaws of the Company, which are attached hereto as Exhibit 3.1, and incorporated by reference herein.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
1″ = “1” “WEIL:96831463315573.0003” “” WEIL:96831463315573.0003
ANNALY CAPITAL MANAGEMENT INC Exhibit
EX-3.1 2 a21807836-v3xannalyxexx31.htm EXHIBIT 3.1 Exhibit Exhibit 3.1ANNALY CAPITAL MANAGEMENT,…
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About ANNALY CAPITAL MANAGEMENT, INC. (NYSE:NLY)
Annaly Capital Management, Inc. (Annaly) is a mortgage real estate investment trust (REIT). The Company’s principal business objectives are to generate net income for distribution to its stockholders from its investments and capital preservation. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. Its business operations primarily consist of Annaly Commercial Real Estate Group, Inc. (ACREG), which specializes in originating or acquiring, financing and managing commercial loans and other commercial real estate debt, commercial mortgage-backed securities and other commercial real estate-related assets; Annaly Middle Market Lending LLC (MML), which engages in corporate middle market lending transactions, and RCap Securities, Inc. (RCap), which operates as a broker-dealer, and is a member of the Financial Industry Regulatory Authority (FINRA). It is managed by Annaly Management Company LLC.
