annual general meeting

(redirected from Annual Meeting of Shareholders)
Also found in: Dictionary, Legal.
Related to Annual Meeting of Shareholders: Annual general meeting

Annual General Meeting

The main meeting of the shareholders of a publicly-traded company that takes place each year. At the annual general meeting, the company may present its financial reports. Shareholders may ask questions of the board of directors and they may vote on matters pertaining to the company that only shareholders may decide. Publicly-traded companies are required to have an AGM and must inform shareholders of where and when it will occur in a timely manner. See also: Extraordinary General Meeting.

annual general meeting (AGM)

the yearly meeting of SHAREHOLDERS which JOINT-STOCK COMPANIES are required by law to convene, in order to allow shareholders to discuss their company's ANNUAL REPORT AND ACCOUNTS, elect directors and agree the DIVIDEND payouts suggested by directors. In practice, annual general meetings are usually poorly attended by shareholders and only rarely do directors fail to be re-elected on the strength of PROXY votes cast in favour of the directors.

Extraordinary or special general meetings may also be called by directors or shareholders to deal with major changes in, say, the firm's capital structure. See BOARD OF DIRECTORS.

annual general meeting (AGM)

the yearly meeting of SHAREHOLDERS that JOINT-STOCK COMPANIES are required by law to convene, in order to allow shareholders to discuss their company's ANNUAL REPORT AND ACCOUNTS, elect members of the BOARD OF DIRECTORS and agree the DIVIDEND payouts suggested by directors. In practice, annual general meetings are usually poorly attended by shareholders and only rarely do directors fail to be re-elected on the strength of PROXY votes cast in favour of the directors.

See CORPORATE GOVERNANCE.

References in periodicals archive ?
ResCare (NASDAQ/NM: RSCR), the nation's leading provider of residential, training, therapeutic, educational and support services for people with disabilities and special needs, announced the results of today's 2006 annual meeting of shareholders.
Kapoor, PhD as non-executive Chairman of the Board, to serve until the Company's 2007 Annual Meeting of Shareholders.
Additional details regarding the Rights Plan are provided in the Management Information Circular that will be available for viewing on SEDAR and mailed to the shareholders of the Company prior to the Company's upcoming annual meeting of shareholders.
A live webcast of the Annual Meeting of Shareholders will be available on IHOP's Web site at www.
Brightpoint will hold its 2006 Annual Meeting of Shareholders ("Annual Meeting") on Thursday, May 11, 2006, at 9:00 A.
Information about the Company and its directors and executive officers, and their ownership of the Company common stock, is set forth in the proxy statement for the Company's 2005 Annual Meeting of Shareholders, which was filed with the SEC on November 14, 2005.
1 /PRNewswire/ -- American Industrial Properties REIT (NYSE: IND) (the "Trust") announced today at its Annual Meeting of Shareholders that the proposal to amend the Trust's Declaration of Trust and By-Laws to remove the limited term restriction of the Trust and to make the life of the Trust perpetual has received 6,771,097 votes in favor of the proposal or approximately 75 percent of all outstanding shares.
IKON Office Solutions (NYSE:IKN), the world's largest independent channel for document management systems and services, today held its 2007 Annual Meeting of Shareholders at its headquarters in Malvern, Pennsylvania.
PSI's 1993 annual meeting of shareholders is a particularly important meeting for PSI and its shareholders because it involves a referendum on two competing plans for PSI.
All shareholders of record as of the close of business on February 28, 2007, will be eligible to vote at the Annual Meeting of Shareholders.
NASDAQ: SENV) announced today that the annual meeting of shareholders previously scheduled for May 20, 1992, has been adjourned to allow time for the company to respond to enquiries from the Securities and Exchange Commission (SEC).
The Company's annual meeting of shareholders will be held on February 27, 2007 at 10:30 AM CT in Omaha, NE.

Full browser ?