annual general meeting


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Related to annual general meeting: Extraordinary General Meeting

annual general meeting (AGM)

a compulsory general meeting of a company required under the Companies Acts; this is in addition to any other meetings in that year. The annual general meeting must be designated as such in the notices calling it. It is at the annual general meeting that dividends are decided. The company's accounts are considered and the directors' and auditor's reports are put before the shareholders. It is the occasion when directors are appointed in place of those retiring and where their remuneration and conditions are fixed. The annual general meeting is an important safeguard for shareholders since it is the one occasion when they can be sure of having an opportunity to question directors on the accounts, on their report and on the company's condition and prospects.
References in periodicals archive ?
This nomination committee is charged with presenting proposals to the Annual General Meeting in 2018 regarding the composition of Duni's board of directors, amongst others.
The Annual General Meeting also approved a resolution regarding the creation of new authorised capital (Authorised Capital 2017).
In accordance with the Nomination CommitteeaACAOs proposal, the Annual General Meeting resolved that the Board would comprise six members, and re-elected Board members Morten Falkenberg, Lilian Fossum Biner, Nora FEaA[sup.
The following people have been co-opted to Council, to serve from the close of the annual general meeting in June 2004 for a further two years: W E Conneil, G Mcl Glass, A M Millar, A P Miskin and S K Parkes.
Further information on the IISRP's 44th Annual General Meeting is available from the IISRP (713) 783-7511.
According to the company, this nomination committee will prepare proposals for the Annual General Meeting 2018 regarding election of chairman and other directors of the board, election of auditor, matters regarding fees, election of chairman of the Annual General Meeting and resolution concerning the nomination committee.
The Annual General Meeting approved the dividend of SEK 3,00 per share proposed by the Board of Directors and the CEO.
Registration for this meeting costs $2,200 and includes all business program sessions and all social functions held during the Annual General Meeting.
Furthermore, the annual general meeting resolved, in accordance with the nomination committee's proposal, to re-elect Ernst & Young AB as auditor, with Jesper Nilsson as auditor in charge, for the period until the end of the next annual general meeting.
The Annual General Meeting gave a vote of confidence with large majorities to the Board of Management (with 99.

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