At AGMs, shareholders get face time with boards and management teams to review how well their companies are doing and to suggest what else can be done to improve the business. In short, for many retail investors, who, unlike institutional investors, do not benefit from meeting-on-request, this is when they get to assess management’s performance and decide whether their capital is being utilised wisely.
Shareholders of a company are considered owners. They are entitled to a share of the company’s earnings, which may include dividends. In theory, this relationship is based on a shared interest in the long-term health of the business.
Coming after results reporting, one of the most keenly watched periods in the corporate calendar is the annual general meeting (AGM), typically held a couple of months thereafter.
