StoneX Group Inc. Changes Fiscal Year End

TL;DR

SNEX is shifting its fiscal year end to Dec 31, starting 2024. New reporting cadence incoming.

AI Summary

StoneX Group Inc. filed an 8-K on August 28, 2024, reporting a change in its fiscal year end from September 30 to December 31. This change is effective for the fiscal year ending December 31, 2024. The company also disclosed financial statements and exhibits as part of this filing.

Why It Matters

A change in fiscal year end can impact financial reporting timelines and comparisons with industry peers. Investors should note this shift when analyzing the company's performance.

Risk Assessment

Risk Level: low — The filing primarily concerns administrative changes to the company's fiscal reporting, with no immediate financial or operational risks indicated.

Key Numbers

• 0930 — Old Fiscal Year End (Previous reporting period)
• 1231 — New Fiscal Year End (New reporting period effective 2024)

Key Players & Entities

• StoneX Group Inc. (company) — Registrant
• August 28, 2024 (date) — Earliest event reported
• December 31, 2024 (date) — New fiscal year end
• 212-485-3500 (phone_number) — Registrant's telephone number
• 230 Park Ave, 10th Floor New York, NY 10169 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value SNEX The Nasdaq Stock Market

Filing Documents

• intl-20240828.htm (8-K) — 38KB
• bylaws-amendedandrestated0.htm (EX-3.1) — 157KB
• 0000913760-24-000150.txt ( ) — 356KB
• intl-20240828.xsd (EX-101.SCH) — 2KB
• intl-20240828_lab.xml (EX-101.LAB) — 23KB
• intl-20240828_pre.xml (EX-101.PRE) — 13KB
• intl-20240828_htm.xml (XML) — 3KB

03. Amendments to Articles of Incorporation or Bylaws

Item 5.03. Amendments to Articles of Incorporation or Bylaws. On August 28, 2024, as part of its periodic review of corporate governance matters, the Board of Directors (the "Board") of StoneX Group Inc. (the "Company") approved the Company's Amended and Restated Bylaws (the "Bylaws"), effective as of August 28, 2024. The amendments provide for advance notice provisions for stockholder proposals or nominations of directors, implement forum selection provisions, and make other changes, as described below. The description of the amendments is qualified in its entirety by reference to the Bylaws, which are attached hereto as Exhibit 3.1 and incorporated by reference. Section 3 of Article II was amended to add procedural requirements for when stockholders call a special meeting, including providing certain information to the Company, such as the purpose of the meeting, any material interest of the stockholder, whether the stockholder intends to solicit proxies, and clarifying that certain derivative or short instruments are not included in the requisite ownership percentage required to call a special meeting. Section 9 of Article II was amended to provide that any stockholder soliciting proxies must use a proxy card other than the color white, which is reserved exclusively for use by the Company. Section 10 of Article II was amended to clarify processes regarding stockholders acting by written consent, including provisions relating to the fixing of a record date and the content of the written consent. This section was also amended to clarify that any action by written consent must be signed by stockholders having the number of votes that would be necessary to take such action at a meeting where all shares entitled to vote were present, in accordance with the Delaware General Corporation Law (the "DGCL"). Sections 13 and 14 of Article II were added to provide advance notice requirements for stockholder proposals and nominations of director candidates, respectively.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On August 28, 2024, the Board of Directors of StoneX Group Inc. (the "Company") authorized for fiscal year 2025 the repurchase of up to 1.5 million shares of its outstanding common stock from time to time in open market purchases and private transactions, commencing on October 1, 2024 and ending on September 30, 2025, subject to the discretion of the senior management team to implement the Company's stock repurchase plan, and subject to market conditions and as permitted by securities laws and other legal, regulatory and contractual requirements and covenants.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 3.1 Amended and Restated Bylaws of StoneX Group Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. StoneX Group Inc. (Registrant) September 4, 2024 /s/ DAVID A. BOLTE (Date) David A. Bolte Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR