PVH Corp. board lowers threshold for shareholders to call special meetings

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PVH Corp. has lowered the ownership threshold for shareholders to call a special meeting from a majority to 25% of outstanding common stock, effective immediately. This change, along with new conditions for calling such meetings, was announced based on an SEC filing. The company also recently had its price target lowered by UBS, declared a quarterly dividend, and announced a partnership with OpenAI to integrate AI into its business operations.

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