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A document sent to shareholders letting them know when and where a shareholders' meeting is taking place and detailing the matters to be voted upon at the meeting. You can attend the meeting and vote in person or cast a proxy vote.
Proxy Statements The proxy documents provide shareholders with the information necessary to make informed votes on issues important to the company's performance. A Proxy statement offers shareholders and prospective investors insight into a company's governance and management operations.
A general proxy form, on the other hand, generally indicates that the owner has authorized the proxy holder to attend the meeting on the owner's behalf. The holder of a general proxy may exercise his or her own judgment regarding how to vote on issues presented at the meeting.
Filling out a voting proxy form is necessary in order to be able to have someone vote on your behalf in an election or referendum. Proxy voting, the act of having some else vote on your behalf, is often allowed in specific circumstances.
Proxy statements are documents that the Securities and Exchange Commission requires companies to give to shareholders so they can weigh in on important company issues. Proxy statements offer shareholders information about changes on the board and other important decisions the board needs to make.