Sunday, January 2, 2011

Extraordinary General Meeting

An Extraordinary General Meeting, or EGM, is an irregular meeting held by companies as an official forum to discuss and vote on special and important matters proposed by the directors. Examples of reasons for EGMs include consideration and voting on take-overs, major acquisitions, capital structure matters, and others. Shareholders should partake actively in the governance of the entities in which they have a financial interest.

Synonyms: EGM, Annual General Meeting, Special General Meeting

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