Regis Corp (RGS) has released an update to notify the public and investors about corporate charter and bylaws modifications.
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The Board of Directors has approved and adopted a plan involving the issuance of Series A Junior Participating Preferred Stock, with the Certificate of Designation being officially filed in the State of Minnesota. A detailed account of the rights and preferences associated with this stock is provided in the referenced section of a current report, and the complete Certificate of Designation is accessible for review.
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For a comprehensive understanding of the announcement, you can read the full document here.