annual general meeting

(redirected from Annual Stockholders' Meetings)
Also found in: Dictionary, Financial.
Related to Annual Stockholders' Meetings: Annual Shareholder Meetings

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
References in periodicals archive ?
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.

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