Consolidated Edison, Inc. (NYSE:ED) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM5.03
|
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
On February16, 2017, the Board of Directors of Consolidated
Edison, Inc. amended the companys By-laws, effective as of
February16, 2017, to add the Proxy Access Annex to permit a
shareholder, or a group of up to 20 shareholders, owning at least
3% of the companys outstanding common stock continuously for at
least three years to nominate and include in the companys proxy
materials director nominees constituting up to the greater of two
individuals or 20% of the Board of Directors, provided that the
shareholders and the nominees satisfy specified requirements. In
addition, the Board of Directors amended Section7 of the By-laws,
which includes provisions for shareholder proposals and director
nominations, to update advance notice timing, procedural and
informational requirements and made certain other clarifying,
administrative and ministerial changes to the By-laws. This
description of the amendments to the By-laws is qualified in its
entirety by reference to the By-laws, a copy of which is included
as Exhibit 3.1 to this report and is incorporated in this
Item5.03 by reference.
| ITEM9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit 3.1 By-laws of Consolidated Edison, Inc., effective as of
February16, 2017
– 2 –
About Consolidated Edison, Inc. (NYSE:ED)
Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc. It owns competitive energy businesses. The Company also owns Con Edison Transmission, Inc. (Con Edison Transmission), which invests in electric and gas transmission projects through its subsidiaries, Consolidated Edison Transmission, LLC (CET Electric) and Con Edison Gas Midstream, LLC (CET Gas). CECONY is a provider of electricity, natural gas and steam to customers in New York City and Westchester County. O&R delivers electricity and natural gas to customers located in south-eastern New York, northern New Jersey and north eastern Pennsylvania. Con Edison provides energy-related products and services to wholesale and retail customers, and develops, owns and operates renewable and energy infrastructure projects. Consolidated Edison, Inc. (NYSE:ED) Recent Trading Information
Consolidated Edison, Inc. (NYSE:ED) closed its last trading session up +0.59 at 74.29 with 2,953,033 shares trading hands.
