annual general meeting

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annual general meeting

n
(Commerce) Brit the statutory meeting of the directors and shareholders of a company or of the members of a society, held once every financial year, at which the annual report is presented. Abbreviation: AGM
Translations

annual general meeting

annual general meeting

n (Brit) → assemblea generale
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BOSTON -- Putnam Investments announced today that the Trustees of the Putnam Funds have voted to recommend that shareholders of each of Putnam High Income Securities Fund (NYSE: PCF), Putnam Master Intermediate Income Trust (NYSE: PIM) and Putnam Premier Income Trust (NYSE: PPT) vote, at the funds' upcoming annual shareholder meetings, against converting the funds to open-end investment companies.
The agenda for the annual shareholder meetings will include the election of nominees for Trustees of each fund.
Most of the nation's mutual funds do not publish proxy-voting guidelines or disclose how they vote on particular issues at annual shareholder meetings.

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