Extraordinary General Meeting - EGM


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.

BREAKING DOWN '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.

  1. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  2. Shareholder

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  3. Annual General Meeting - AGM

    A mandatory, public yearly gathering of a publicly traded company's ...
  4. Quorum

    The minimum acceptable level of individuals with a vested interest ...
  5. Voting Shares

    Shares that give the stockholder the right to vote on matters ...
  6. Brand

    A distinguishing symbol, mark, logo, name, word, sentence or ...
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