annual general meeting

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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 ?
RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced that it will host its Annual Shareholder Meeting.
This is the Company's first Annual Shareholder Meeting since September 5, 2007 as the Company did not hold an Annual Shareholder Meeting in 2008 due to a number of extraordinary events that occurred throughout the 2008 calendar year.
In connection with the changes announced today, the Board amended various provisions of the Company's By-Laws to immediately separate the positions of President and Chief Executive Officer and to establish a corporate officer to hold the title of Chairman of the Board following the Company's annual shareholder meeting in 2008.
BOSTON -- Putnam Investments announced today that the Trustees of the Putnam Funds have voted to recommend that shareholders of each of Putnam High Income Securities Fund (NYSE: PCF), Putnam Master Intermediate Income Trust (NYSE: PIM) and Putnam Premier Income Trust (NYSE: PPT) vote, at the funds' upcoming annual shareholder meetings, against converting the funds to open-end investment companies.
The Company has declared the day of the Annual Shareholder Meeting to be "Shareholder Appreciation Day.
Nasdaq:LCAV), a leading provider of laser vision correction services under the LasikPlus brand, conducted its 2006 Annual Shareholder Meeting today.
Further details about the annual shareholder meeting and the recommendations of the Trustees will be included in a proxy statement filed with the Securities and Exchange Commission and mailed to Fund shareholders in advance of the shareholder meeting.
CEO Don Mardak commented: "We are very pleased to once again conduct our annual shareholder meeting at this beautiful setting on Lake Michigan in the Calatrava-designed addition to the Milwaukee Art Museum.
Re-elected at the bank's annual shareholder meeting this week were Chairman, Michael D.
PEPSIAMERICAS TO WEBCAST FIRST QUARTER 2006 EARNINGS CALL AND 2005 ANNUAL SHAREHOLDER MEETING
The election will be held at the company's annual shareholder meeting on May 2, 2006.
SAN DIEGO -- WD-40 Company (Nasdaq:WDFC) will hold its 2005 Annual Shareholder Meeting at the Mission Valley Hilton Hotel located at 901 Camino Del Rio South in San Diego, California on Tuesday, December 13, 2005 at 2 p.

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