annual general meeting

(redirected from Annual Stockholders' Meeting)
Also found in: Dictionary, Legal.

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 ?
com and clicking on the link for the 2015 annual stockholders' meeting.
Colony Financial Inc (NYSE:CLNY), a diversified commercial real estate and investment management company, revealed on Tuesday that it has scheduled its 2015 annual stockholders' meeting for 6 May 2015 and that all stockholders of record date on 27 March 2015 can vote at the meeting.
Silver Bay Realty Trust Corp (NYSE:SBY), an acquirer, renovator, lessor and manager of single-family properties, stated on Friday that its 2015 annual stockholders' meeting will be held on 20 May 2015 at 09:00 EDT.
Graham Corporation (AMEX: GHM), a global designer, manufacturer, and supplier of ejectors, pumps, condensers, vacuum systems and heat exchangers for the oil refining, petrochemical and power generation industries, announced today that it will webcast the management presentation portion of its 2005 annual stockholders' meeting on Thursday, July 28, 2005 at approximately 11:00 a.
Real estate investment trust Two Harbors Investment Corp (NYSE:TWO) stated on Wednesday that its 2014 annual stockholders' meeting will be held on 20 May 2014 at 11:00 ET at the Pierre Hotel at 2 East 61st Street, New York, New York 10065.
Approximately 91% of all issued and outstanding shares were represented at the Annual Stockholders' Meeting and each nominee described above received at least 93% of the votes cast to elect directors.
M2 EQUITYBITES-February 14, 2014-SL Green Realty declares date of 2014 annual stockholders' meeting
CINCINNATI -- Stockholders of Chemed Corporation (NYSE:CHE) today elected a slate of 13 directors at the company's 2005 annual stockholders' meeting.
ModusLink Global Solutions Inc (NASDAQ:MLNK), a provider of comprehensive supply chain and logistics services, stated on Wednesday that its 2013 annual stockholders' meeting will reconvene on 15 January 2014 and it urges stockholders to vote on Proposal 2, the Declassification of the board of directors.
The webcast of MDU Resources Chairman of the Board, President and Chief Executive Officer Martin White's presentation at the Annual Stockholders' Meeting is scheduled to begin at approximately 11:10 a.
PFSweb Inc (Nasdaq:PFSW), a provider of end-to-end eCommerce solutions, stated on Tuesday that all the corporate proposals at its 2013 annual stockholders' meeting held the same day, were approved.
Tortoise Energy announced that it will broadcast its first annual stockholders' meeting via conference call on Friday, April 15, 2005, at 9:00 a.

Full browser ?