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Glossary · PSX term

Proxy voting.

Proxy voting lets a shareholder authorise someone else to vote their shares at a company meeting.

Definition

If you cannot attend an AGM or EOGM, you can appoint a proxy to cast your votes by submitting a proxy form before the deadline. This lets minority investors participate in decisions without attending in person.

Worked example

A shareholder who cannot attend the AGM submits a proxy form so a representative can vote on the dividend resolution.

Related on PSX Clarity

Annual General Meeting (AGM)

Extraordinary General Meeting (EOGM)

Minority shareholder

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Price-to-sales ratio

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