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Annual General Meeting (AGM)

An Annual General Meeting (AGM) is a mandatory yearly gathering of a company's shareholders, where the board of directors presents the company’s financial performance, strategies, and future plans. During the AGM, shareholders have the opportunity to vote on important issues, such as the election of board members, approval of financial statements, dividends, and executive compensation. The AGM also provides a forum for shareholders to ask questions and express their views on the company's operations.

Example

A public company might hold its AGM in April, where shareholders review the annual financial report, vote on the re-election of board members, and discuss the company's future direction.

Key points

• A mandatory annual meeting where shareholders review the company's performance and vote on important issues.

• Provides transparency and accountability in corporate governance.

• Shareholders can ask questions and express their views on company operations.

Quick Answers to Curious Questions

An AGM is a yearly meeting where a company's shareholders review the financial performance, vote on key issues, and discuss the company’s future plans.

AGMs allow shareholders to engage with the company’s management, make informed decisions about their investments, and hold the board accountable for the company's performance.

Issues include the election of board members, approval of financial statements, dividend payouts, and executive compensation.