An annual general meeting is where a company’s directors and key shareholders met and have the annual report presented. The company’s yearly report typically contains information, such as its performance and growth over the past year. AGMs include all major shareholders or representatives for the ones who can’t be present.
During an annual general meeting, shareholders vote on matters involving employee appointments, salaries, auditor selections, and dividend compensations. An AGM is also where shareholders appoint people to the board of directors and interact with the company’s directors. It also opens the floor for shareholders to question and approve directors’ actions concerning the company’s progress and reports.« Back to Glossary Index