Hurco Companies Enhances Shareholder Influence and Declares Dividend

Hurco Companies (HURC) just unveiled an update.

Hurco Companies, Inc. shareholders have empowered themselves with the ability to directly amend the Company’s By-Laws, a change ratified in a vote on March 14, 2024, and put into effect the following day. This shift in governance allows shareholders to propose amendments or introduce new By-Laws, alongside the Board of Directors, solidifying shareholder influence over corporate decisions. Additionally, the Annual Meeting saw the election of director nominees, approval of executive compensation, and affirmation of the Company’s independent auditor, with specific voting results detailed. Furthermore, the Company has announced a forthcoming cash dividend of $0.16 per share, signaling a tangible reward for investors.

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