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Sabra Health Care REIT amends bylaws to implement proxy access

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Sabra Health Care REIT amends bylaws to implement proxy access

Sabra Health Care REIT Inc.'s board approved amendments to the company’s bylaws to implement proxy access.

The company said the amendments were approved March 14 and went into effect immediately.

The proxy access provisions allow for a stockholder, or group of up to 20 stockholders, owning 3% or more of the real estate investment trust's outstanding common stock continuously for at least three years, to nominate director candidates constituting up to 25% of its board, subject to satisfaction of certain requirements.