NasdaqGS:STEPCapital Markets
StepStone Group (STEP) Amends Bylaws To Limit Officer Liability Under Delaware Law
StepStone Group (STEP) experienced a price move of 9% over the last quarter, coinciding with significant governance changes, such as amendments to its Certificate of Incorporation aimed at officer liability limitations. These structural adjustments are timely following the company's reported revenue increase to $364 million for its first quarter, despite posting a net loss and decreased earnings per share. Meanwhile, a cash dividend of $0.28 was declared, potentially enhancing shareholder...