Extraordinary General Meeting - EGM

AAA

DEFINITION of '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 EXPLAINS 'Extraordinary General Meeting - EGM'

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 TERMS
  1. Shareholder

    Any person, company or other institution that owns at least one ...
  2. Annual General Meeting - AGM

    A mandatory, public yearly gathering of a publicly traded company's ...
  3. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  4. Voting Shares

    Shares that give the stockholder the right to vote on matters ...
  5. Quorum

    The minimum acceptable level of individuals with a vested interest ...
  6. Registered Holder

    Shareholders who hold their shares directly with a company.
Related Articles
  1. Proxy Voting Gives Fund Shareholders ...
    Mutual Funds & ETFs

    Proxy Voting Gives Fund Shareholders ...

  2. Knowing Your Rights As A Shareholder
    Investing Basics

    Knowing Your Rights As A Shareholder

  3. What Owning A Stock Actually Means
    Investing Basics

    What Owning A Stock Actually Means

  4. Starbucks As An Example Of The Value ...
    Investing News

    Starbucks As An Example Of The Value ...

Hot Definitions
  1. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  2. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  3. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  4. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  5. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  6. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
Trading Center