Maryland Proxy Statement of Alexander and Alexander Services, Inc.
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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.
Proxy | Business English a written document that officially gives someone the authority to do something for another person, for example by voting at a meeting for them: A creditor may give a proxy to any person of full age requiring him or her to vote for or against any specified resolution.
To view the most recent proxy statement, select the most recent filing that has the title "DEF 14A." It's called a "DEF 14A" because it's the "definitive," or final, proxy statement. "14A" refers to the fact that proxy statements are filed pursuant to Section 14(a) of the Securities Exchange Act of 1934.
State laws require public companies to hold a meeting of shareholders every year, and the Securities and Exchange Commission (SEC) requires publicly traded companies to file proxy statements ahead of annual shareholders' meetings and special meetings.
Proxy materials are filed to shareholders before annual meetings to disclose important information and give them a chance to vote on basic issues.
SEC Proxy Filing Requirements File proxy card, Notice of Internet Availability and other soliciting materials with the SEC. ... Submit annual report on EDGAR. ... Ensure clarity on the proxy card. ... Provide management's opposition statement to shareholder proposal proponents. ... Updates for universal proxy.
Proxy statements describe matters up for shareholder vote, and include management and executive compensation information if the shareholders are voting for the election of directors.