Annual meeting

Definition

An annual meeting of the shareholders of a corporation, at a time and place determined by the corporation's bylaws. Also known as the "annual general meeting" (AGM). Shareholders meet to elect directors whose seats on the board are up for re-election or vacant, and may also vote on changes to corporate policy. Shareholders also receive a report on the corporation's health and strategy and are given the opportunity to make comments and ask questions of management.

See also