Annual Meeting Corporate With Example In Franklin
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An Annual General Meeting (AGM) is a yearly gathering where a company's shareholders and board of directors meet to discuss important aspects of the company. At the AGM, the directors present an annual report to update shareholders on the company's performance, strategy, and management.
For example, an annual general meeting (AGM) provides an opportunity for the board of directors and shareholders to come together, review the company's performance, and discuss its future direction.
Noun. annual meet·​ing. : a meeting of shareholders that the law requires a corporation to hold each year for the election of directors and the transaction of other business compare special meeting.
Generally speaking, annual meetings are a formal discussion of a company's goals, strategy, financial situation, proposed changes to governance documents, or other pending decisions that require a vote by or approval of the business's owners.
As an important event for any company, an annual meeting also serves as the formal platform for organizations to complete their internal and legal affairs such as reviewing the annual financial report, electing and discharging board members, voting on company amendments, and more.
Our transfer agent is Computershare.
Transfer agents work for the security issuer to record changes of ownership, maintain the issuer's security holder records, cancel and issue certificates, and distribute dividends. Transfer agents are usually banks or trust companies, but sometimes a company acts as its own transfer agent.
Franklin Resources, Inc. NYSE:BEN, one of the world's largest investment managers, is better known as Franklin Templeton. Through our distinct specialist investment managers, we offer specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions.
Franklin Resources was founded in 1947 by Rupert H. Johnson. Johnson named the company after Benjamin Franklin, who was known to practice frugality and prudence when saving and investing. The company went public in 1971 and, by 2007, had earned its place in the Fortune 500 after a series of key acquisitions.
The company's stock began trading on the New York Stock Exchange in 1986 under the ticker symbol "BEN". In the same year, the company opened its first office outside North America in Taiwan.
