What is Annual General Meeting (AGM) meaning?

An annual general meeting (AGM) is a formal yearly meeting held by a company to present its financial performance, elect board members, and address shareholder concerns. It ensures transparency and allows shareholders to participate in important decisions.

Example

“At the AGM, investors voted on a new board director and reviewed the company’s annual financial report.”

How is Annual General Meeting (AGM) used in business?

AGMs are a legal requirement for public companies and a governance standard for many private firms. They offer a platform for stakeholders to hold leadership accountable and influence strategic direction through voting rights.

Pro Tip

Prepare questions or proposals in advance if you’re attending an AGM as a shareholder - it’s your opportunity to shape company policy.