Glossary · PSX term

Annual General Meeting (AGM).

An AGM is the yearly shareholder meeting where investors vote on accounts, dividends, and directors.

Definition

At the AGM, shareholders approve the audited financial statements, the final dividend, and the appointment of directors and auditors. Investors can attend, ask questions, and vote based on their shareholding.

Worked example

A company holds its AGM to seek approval for a Rs. 4 final dividend and to re-elect its board.

Related on PSX Clarity

Term

Extraordinary General Meeting (EOGM)

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