American Software, Inc. (AMSWA) has entered into an agreement with James Edenfield, the sole owner of all of the issued and outstanding shares of the Class B Common Stock, par value $0.10 per share. The class B stock will be eliminated subject to receipt of shareholder approval. Under the terms of the reclassification agreement, each outstanding share of the class B common stock will be exchanged for 1.2 shares of the class A common stock, par value $0.10 per share.
The Board will recommend that the shareholders approve certain amendments to the Amended and Restated Articles of Incorporation to effectuate the reclassification transaction at the 2024 Annual Meeting of Shareholders.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.