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Darling Ingredients Inc. (NYSE:DAR) announced Monday that its board of directors approved an amendment and restatement of the company’s bylaws, effective the same day. According to a statement in a Securities and Exchange Commission filing, the amended and restated bylaws update certain procedural requirements for shareholders to take action without holding a shareholder meeting.
The company said the changes are detailed in the amended and restated bylaws, which were included as an exhibit to the current report filed with the SEC. Darling Ingredients is incorporated in Delaware and is listed on the New York Stock Exchange.
This information is based on a press release statement included in the company’s SEC filing.
In other recent news, Darling Ingredients Inc. reported its Q1 2025 earnings, revealing a significant shortfall in both earnings per share (EPS) and revenue compared to forecasts. The company posted an EPS of -$0.16, missing the expected $0.41, while revenue came in at $1.38 billion, falling short of the $1.45 billion forecast. Despite these setbacks, Darling Ingredients improved its gross margins and continued efforts to reduce debt, paying down $146.2 million. Additionally, Darling Ingredients announced a dual listing of its common stock on NYSE Texas, aiming to attract a wider investor base and enhance long-term value. The company also priced an offering of €750 million in senior notes due 2032, with proceeds intended to redeem existing notes and repay certain credit facilities. Concerns have arisen due to the Trump administration’s review of biofuel-blending quotas, which could impact the company’s operations. Investors are closely monitoring these regulatory developments as they could significantly influence operational costs and profitability for Darling Ingredients.
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