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extraordinary general meeting

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Financial Dictionary

Extraordinary General Meeting - EGM

A meeting other than the annual general meeting between a company's shareholders, executives and any other members. An EGM is usually called on short notice and deals with an urgent matter.

Investopedia Commentary

In most cases the only time shareholders and executives meet is during the annual general meeting, which is usually at a set time. However, certain events may require shareholders to come together to solve a certain problem, such as the removal of an executive.

Related Links

The Purpose and Importance of Proxy Voting
Knowing Your Rights As A Shareholder
What Owning A Stock Actually Means

See also: Annual General Meeting - AGM, Board of Directors - B of D, Quorum, Shareholder, Voting Shares

Also spelled: EGM

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