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.
References in periodicals archive ?
Pandox AB (STO:PNDXB) reported on Wednesday that at the annual shareholders' meeting it was resolved to approve the income statement and balance sheet, as well as the consolidated income statement and the consolidated balance sheet for the financial year 2016.
The Annual Shareholders' Meeting re-elected Board members Sverker Martin-Lof, Stuart E.
Dometic AB (STO:DOM) on Monday reported that at the annual shareholders' meeting held on 25 April 2016, it was resolved, that in accordance with the nomination committee's proposal, the number of board members shall be seven with no deputy board members and that the company shall have a registered auditing firm as auditor without deputy auditor.
The Annual Shareholders' Meeting re-elected Board members Sverker Martin-Lof, Finn Johnsson, Johan Karlstrom, Bengt Kjell, Sir Adrian Montague, Lars Pettersson and Matti Sundberg.
The Annual Shareholders' Meeting passed the resolution to pay dividends of EUR1.
Real estate investment trust Pebblebrook Hotel Trust (NYSE:PEB) stated on Friday that its 2012 annual shareholders' meeting will be held on 10 July 2012.
The Shareholders' Meeting resolved, in accordance with the proposal by the Nomination Committee, to re-elect Jeff Bork, Annika Espander, Staffan Lindstrand, Ove Mattsson, Bjorn Odlander, Anders Rydin, Bengt Samuelsson and Mathias Uhlen as Board members and to elect Thomas Eklund as new Board member for the period until the end of the Annual Shareholders' Meeting 2007.
In the annual shareholders' meeting, Curt Hecker, CEO of IMCB, highlighted the company's performance over the past year and the new opportunities it is capitalizing on.
The change will take effect with the 2007 Annual Shareholders' Meeting.
Tortoise Energy Capital will host its annual shareholders' meeting on April 12, 2006, at 9 a.
The company will discuss fiscal 2005 results at its annual shareholders' meeting on April 12, 2006, at 9:00 a.

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