Shareholders' letter

Shareholders' letter

A section of an annual report where one can find general overall discussion by management of successful and failed strategies. Provides guidance for looking at specific parts of the report.

Shareholders' Letter

A section of an annual report providing general information to shareholders. Every publicly-traded company is required to distribute an annual report to shareholders each year. The shareholders' letter contains information on the company's financial state, such as operational income and net profit. Sometimes it also contains an accountant's opinion on the general health of the company. Generally, the shareholders' letter states the "bottom line," and shareholders may read the rest of the annual report to learn more detailed financial information. For example, the shareholders' letter may contain a brief essay stating, "Our company is healthy for reasons A, B, and C."
References in periodicals archive ?
The shareholders' letter also stated some of the benefits of the transactions would eliminate operational risk stemming from continued losses at the bank and eliminate certain regulatory cost burdens.
He asserts in his shareholders' letter that the "fundamentals are definitely eroding in the newspaper industry" and predicts that the "skid will almost certainly continue.
BMW will release details today of its shareholders' letter which will state Mini production at BMW Oxford was more than 170,000 last year against 160,000 in 2002.