Annual general meeting

Annual General Meeting
Under the Companies Act 1985 a company must hold a meeting of shareholders in each calendar year to deal with matters such as the adoption of the previous year's financial statements, ...

(n) An annual general meeting or extra ordinary general meeting where in the board of directors, auditors etc are appointed, accounts and reports on the performance are announced are known as share holders meeting.

There is a momentum in modern corporate organization of devolving the presiding officer of shareholder meetings, or of annual general meetings of non-profit groups, of the title of president and replacing it with that of Chair, ...

The BIS carries out its work through subcommittees, the secretariats it hosts, and through its annual General Meeting of all members. It also provides banking services, but only to central banks, or to international organizations like itself.

This annual general meeting is usually called the ordinary general meeting. Other meetings are extraordinary general meetings.

Dividends are declared by the board of directors at the annual general meeting. The shareholders decide the dividend at the meeting, but it must not exceed the directors' recommendation.

See also: Directors, Share, General meeting, Shareholder, Board of directors