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4-Traders Homepage  >  Equities  >  Nyse  >  Avista Corp    AVA

Delayed Quote. Delayed  - 08/26 10:02:00 pm
40.91 USD   -2.06%
08/22 AVISTA : Board Declares Common Stock Dividend
08/18 AVISTA : Board Declares Common Stock Dividend
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AVISTA CORP : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (form 8-K)

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08/22/2016 | 11:13pm CEST

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On August 17, 2016, the Board of Directors of Avista Corporation (Avista Corp. or the Company) amended Article II of the Company's Bylaws to include a new Section 12 providing for "proxy access" to the Company's shareholders. As amended, the Company's Bylaws now permit a shareholder, or a group of not more than 20 shareholders, that continuously owned at least 3 percent of the Company's outstanding common stock for three years, to include a nominee for election as a director in the Company's proxy soliciting materials, with a maximum number of directors equal to 20 percent of the number of directors on the board, all subject to certain conditions and limitations. A complete copy of the Bylaws of Avista Corp., as amended August 17, 2016, is filed as Exhibit 3.2.

© Edgar Online, source Glimpses

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Latest news on AVISTA CORP
08/22 AVISTA CORP : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (f..
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Financials ($)
Sales 2016 1 682 M
EBIT 2016 292 M
Net income 2016 128 M
Debt 2016 1 604 M
Yield 2016 3,36%
P/E ratio 2016 20,00
P/E ratio 2017 19,24
EV / Sales 2016 2,50x
EV / Sales 2017 2,56x
Capitalization 2 606 M
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Mean consensus HOLD
Number of Analysts 6
Average target price 40,8 $
Spread / Average Target -0,27%
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Managers
NameTitle
Scott L. Morris Chairman, President & Chief Executive Officer
Mark T. Thies Chief Financial Officer, Treasurer & Senior VP
James M. Kensok Chief Information Officer & Vice President
Karen S. Feltes Director & Chief Human Resources Officer
John F. Kelly Lead Independent Outside Director
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