At a special meeting held on March 4, 2010, in Quincy, Ill., Titan International Inc.'s stockholders approved an amendment to the company’s "Amended and Restated Articles of Incorporation" to increase the number of authorized shares of common stock from 60 million shares to 120 million shares.
Approximately 86% of the total shares voted for approval of the amendment.
“Titan would like to thank our stockholders for this vote of confidence as we move forward,” says Titan Chairman and CEO Maurice Taylor Jr. “This increase in authorized shares will allow the company additional flexibility for possible business opportunities."
For more information on Titan International, visit www.titan-intl.com.
