Shareholders' letter

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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 ?
California Water Service (CWT) issued a statement in response to a stockholder letter that the Board of Directors of SJW Group (SJW) made public today.
The Oracle of Omaha released his much-anticipated yearly stockholder letter on Saturday, emphasizing the upside of passive S&P 500 index funds.
O The companyOs May 29, 2013 stockholder letter and May 30, 2013 presentation make the same tired, un-kept promises and lack comparative peer analysis, historical performance, or an SG&A discussion.O Morgans sent a letter to shareholders urging them to reject OTKOs proposed slate of independent director nominees.
Perhaps the major benefit of ACS' stockholder letter lies in its easily digestible length and relaxed style.