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.
This first shareholders' letter from me is intended to begin a new era of shareholder communications for Patriot Scientific Corporation
In the shareholders' letter, the Company's Chairman and CEO, outlines the company's goals for 2005.
A graph included in the latest shareholders' letter from Mr.
Amex:TKO), the leader in commercial powerline communications (PLC) and the Company bridging the "outlet to the Internet," announced the Company's shareholders' letter was sent out today (see below).
As indicated in Telkonet's April 13 shareholders' letter, Cohen Independent Research Group released a new research report on Telkonet, however, an inaccurate, unedited draft of the report was inadvertently posted on Cohen's web site.
Amex: TKO), the leader in commercial powerline communications (PLC) and the Company bridging the "outlet to the Internet," announced the Company's shareholders' letter was sent out today (see below).
OTCBB:OKRM), a provider of micro thin-film energy sources, released a shareholders' letter on December 20, 2003, announcing that its two sole directors, who are also Oak Ridge's principal shareholders, adopted resolutions in accordance with authority contained its Articles of Incorporation to effect a 1 to 10 reverse split of its common stock, effective on or around January 6, 2003, while retaining the current par value and authorized shares.
The Company will also be contemporaneously issuing this shareholders' letter as a press release.
Although not having a formal government guarantee, Standard & Poor's believes there is a very strong degree of systemic government support for health and hospital services, reflected by the issuing of shareholders' letters of comfort and letters of undertaking, a history of shareholder equity injections, the refinancing option from the government's Residual Health Management Unit, and an extensive and rigorous shareholder monitoring regime.