STANLEY BLACK & DECKER, INC. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits (form 8-K)
January 21, 2020 at 05:16 pm EST
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Item 5.03 - Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
Effective January 20, 2020, the Board of Directors of Stanley Black & Decker,
Inc. (the "Company") approved an amendment to the Amended and Restated Bylaws of
the Company to lower the threshold ownership requirement to call a special
meeting of the shareholders from 35% to 25% of the voting power of all shares
entitled to vote on any issue proposed to be considered at the meeting.
The above summary is qualified in its entirety by reference to the full text of
the Amended and Restated Bylaws, a copy of which is filed as Exhibit 3.1 to this
Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit
Number Description
3.1 Amended and Restated Bylaws dated January 20, 2020
104 Cover Page Interactive Data File (formatted as inline XBRL)
Stanley Black & Decker, Inc. specializes in the design, manufacturing and marketing of tools and engineering solutions for professional, industrial and construction and consumer use. Net sales break down by family of products as follows:
- electric tools and accessories (71.1%): tools and electric devices (drills wire, sanders, saws, grinders, batteries, etc.), garden tools (shears, cutting edge, trimmers, aerators , grinders, chainsaws, etc.), vacuum cleaners, lamps, lights, battery chargers, starter batteries, power converters, hand tools (measuring and leveling tools, planes, hammers, knives, blades, screwdrivers, saws, etc.), consumer mechanics tools (wrenches and sockets), plastic tool boxes, pneumatic tools and fasteners (nail guns, staplers, staples, etc.);
- industrial products (16.2%): professional and automotive mechanics tools (wrenches, sockets, electronic diagnostic tools, etc.), storage systems, plumbing, heating and air conditioning tools (pipe wrenches, pliers, tubing cutters, etc.), hydraulic tools, etc.;
- access and security products (12.7%): automatic doors, door closers, emergency exit devices, locking mechanisms, integrated security devices, etc.
Net sales are distributed geographically as follows: the United States (60.5%), Canada (4.7%), Americas (4.2%), France (4%), Europe (19.2%) and Asia (7.4%).
STANLEY BLACK & DECKER, INC. 
