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 ?
The price may not exceed the maximum purchase price approved by the Annual Shareholders Meeting of May 17, 2019.
Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska, May 4, 2019.
(NASDAQ: CBSH) has said it will hold its annual shareholders meeting at 9:30 a.m.
Reacquired Omron stock after the annual shareholders meeting held on June 23,2005 1)Number of shares reacquired 3,773,000 shares 2)Total cost of shares reacquired 9,998,450,000 yen
The entire CB Richard Ellis Board, including Senator Daschle, will stand for election at the Company's next annual shareholders meeting in 2006.
The annual shareholders meeting will be held at the Camino Real Hotel, 101 S.
A proposal to expand ExxonMobil Corp.'s employment policy to ban discrimination based on sexual orientation gained substantial support at the company's annual shareholders meeting on May 29, but again failed to pass.
Speaking at Conseco's annual shareholders meeting in Indianapolis, the company's chairman and chief executive officer once again declared his oft-repeated frustration that Conseco's stock price doesn't fairly reflect its strength.
We are not responsible,'' Kakiuchi said at an annual shareholders meeting in Osaka.
The holding company's annual shareholders meeting will be April 29 at Clawson's Windward Inn in Florence.
On March 20, children in monarch butterfly costumes participate in a demonstration outside the Starbucks annual shareholders meeting in Seattle as part of a day of action organized by the Organic Consumers Association.

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