Annual General Meeting Notice -AGM
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An Annual General Meeting Notice is where the company gives (must) a notice to its members for calling the AGM. The notice should mention the place, the date and day of the meeting, the hour at which the meeting is scheduled, plus a time period for the notice. The notice should also mention the business to be conducted at the AGM.
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An annual general meeting (AGM) is a yearly gathering of a company’s interested shareholders. At an AGM, the directors of the company present an annual report containing information for shareholders about the company’s performance and strategy.
Shareholders with voting rights vote on current issues, such as appointments to the company’s board of directors, executive compensation, dividend payments, and the selection of auditor.
Key Takeaways
- An annual general meeting (AGM) is the yearly gathering of a company’s interested shareholders.
- At an annual general meeting (AGM), directors of the company present the company’s financial performance and shareholders vote on the issues at hand.
- Shareholders who do not attend the meeting in person may usually vote by proxy, which can be done online or by mail.
- At an AGM, there is often a time set aside for shareholders to ask questions to the directors of the company.
- Activist shareholders may use an AGM as an opportunity to express their concerns.