Adams Funds Announce Governance Updates [Yahoo! Finance]
Adams Diversified Equity Fund Inc. (ADX)
US:NYSE Investor Relations:
adamsfunds.com/funds/diversified-equity/at-a-glance
Company Research
Source: Yahoo! Finance
today that the Board of Directors of each Fund has unanimously approved several governance updates: election of a classified board structure and adoption of certain bylaws amendments. The Funds have each elected to be subject to Maryland Corporations Code Section 3-803, which provides for a classified board structure consisting of three director classes of three years each. These elections strengthen the stability of Fund oversight and operations, furthering each Fund's objectives and serving the long-term interests of shareholders and the Funds. The Funds also have approved bylaws amendments, including those related to director qualifications. The Funds' Boards of Directors approved these governance changes following an extensive review and evaluation of possible alternatives and enhancements designed to safeguard and advance the best interests of the Funds and their shareholders and to position the Funds to continue to seek to meet their investment objectives. About Adams Funds
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News
- Adams Funds Announce Governance UpdatesGlobeNewswire
- Adams Diversified Equity Fund Announces Initiatives to Enhance Shareholder Value [Yahoo! Finance]Yahoo! Finance
- Adams Diversified Equity Fund Announces Initiatives to Enhance Shareholder ValueGlobeNewswire
- How To Beat The Biggest Risk In Investing While Collecting 7%+ Yields [Forbes]Forbes
- William H. Reinhardt Elected Vice President – Research, Adams Diversified Equity Fund [Yahoo! Finance]Yahoo! Finance
ADX
Sec Filings
- 6/7/24 - Form 8-K/A
- 6/6/24 - Form 8-K
- 5/30/24 - Form NPORT-P
- ADX's page on the SEC website