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 ?
'This annual stockholders' meeting is critical to address issues we face in Guam, where large cost overruns and operational mismanagement under Dr.
SM PRIME ANNUAL STOCKHOLDERS' MEETING - SM Prime Holdings Chairman Henry Sy Jr.
The Chairman is not directly elected by the Annual Stockholders' Meeting but by the members of the Supervisory Board.
The Central and Eastern Europe Fund Inc (NYSE:CEE) on Saturday reported that its annual stockholders' meeting will be now held at 10:00 Eastern time on 20 June 2019.
Global Banking News-April 29, 2019-Central and Eastern Europe Fund declares change in annual stockholders' meeting time
BANKING AND CREDIT NEWS-October 30, 2018--Ally Financial sets date for 2019 annual stockholders' meeting
The Supervisory Board of Bayer AG (BAYRY) has approved the Board of Management's recommendation that a dividend payment for fiscal 2017 of 2.80 euros per share entitled to the dividend be proposed to the Annual Stockholders' Meeting on May 25, 2018.
The European Equity Fund Inc (NYSE:EEA) and The New Germany Fund Inc (NYSE:GF) (each, a fund and together, the funds) disclosed on Tuesday that the annual stockholders' meeting for each fund will be at 10:00 Eastern time on 20 June 2019.
M2 EQUITYBITES-April 24, 2019-Central and Eastern Europe Fund establishes date of annual stockholders' meeting
Global Banking News-April 24, 2019-Central and Eastern Europe Fund establishes date of annual stockholders' meeting
M2 EQUITYBITES-April 22, 2019--PennyMac Financial Services schedules annual stockholders' meeting
Global Banking News-April 22, 2019--PennyMac Financial Services schedules annual stockholders' meeting

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