Beacon Roofing Supply (BECN) has released an update.
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Beacon Roofing Supply, Inc. has taken a significant step by filing a Certificate of Elimination, effectively removing the provisions related to its Series A Cumulative Convertible Participating Preferred Stock from its Certificate of Incorporation. This move comes after the company had no outstanding shares of the Series A Preferred Stock since July 31, 2023, marking a strategic change in its corporate structure.
For further insights into BECN stock, check out TipRanks’ Stock Analysis page.