Annual general meeting (AGM) - Financial definition
Concise definition of the term annual general meeting
An annual general meeting (AGM) is the mandatory yearly gathering of a public company's senior management and its shareholders for the purpose of exchanging important information.
Comprehensive definition of the term annual general meeting
At the AGM, management presents shareholders with an annual report 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 selection of auditors.