Information Circular

AAA

DEFINITION of 'Information Circular'

A document sent to shareholders outlining important matters to be discussed at the annual shareholders' meeting, or at a special shareholders' meeting. The information circular also solicits proxy votes and provides procedures for voting on key issues.


An information circular may be called a "Management Information Circular," "Notice of Annual Meeting of Stockholders" or "Notice of Special Meeting of Stockholders."

INVESTOPEDIA EXPLAINS 'Information Circular'

Sent along with a proxy, the information circular may cover matters such as the election of the Board of Directors, possible mergers and acquisitions, or the need for new financing. This document acts as a "heads up" to shareholders planning to attend the annual meeting, enabling them to be prepared to discuss the major issues currently surrounding the company. It also provides key information to shareholders who won't be attending the annual meeting.

RELATED TERMS
  1. Shareholder

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

    A meeting that takes place over an electronic medium rather than ...
  3. Acquisition

    A corporate action in which a company buys most, if not all, ...
  4. Annual General Meeting - AGM

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

    A group of individuals that are elected as, or elected to act ...
  6. Merger

    The combining of two or more companies, generally by offering ...
Related Articles
  1. Some Good News Is Bad News For Investors
    Markets

    Some Good News Is Bad News For Investors

  2. Proxy Voting Gives Fund Shareholders ...
    Mutual Funds & ETFs

    Proxy Voting Gives Fund Shareholders ...

  3. Knowing Your Rights As A Shareholder
    Investing Basics

    Knowing Your Rights As A Shareholder

  4. What Owning A Stock Actually Means
    Investing Basics

    What Owning A Stock Actually Means

comments powered by Disqus
Hot Definitions
  1. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  4. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  5. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  6. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
Trading Center