annual general meeting

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Related to Annual Shareholders' Meeting: Annual Stockholders 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.
Collins Dictionary of Law © W.J. Stewart, 2006
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The board of trustees of Chesapeake Lodging Trust (NYSE:CHSP) has cancelled its 2019 annual shareholders' meeting scheduled for 19 June 2019, the company revealed on Wednesday.
Chesapeake Lodging's board cancels 2019 annual shareholders' meeting
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Provider of biological solutions Novozymes A/S (CPH:NZYMB) reported on Wednesday that at its annual shareholders' meeting, held on 27 February 2019, the audited annual report for the fiscal year 2018 was approved; remuneration to the members of the board of directors was approved; re-election of Jorgen Buhl Rasmussen as chairman and Agnete Raaschou-Nielsen as vice chairman of the board of directors and re-election of board members Lars Green, Kasim Kutay, Kim Stratton and Mathias Uhlen was approved.
Novozymes A/S reports on annual shareholders' meeting 2019
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First Financial Bankshares to provide live webcast of annual shareholders' meeting

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