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The Annual General Meeting is the yearly gathering of shareholders where votes are cast on dividends, management ratification, and other corporate matters.
The Annual General Meeting (AGM) is the highest governing body of a corporation, at which shareholders exercise their voting rights. It typically takes place once a year.
At the AGM, shareholders vote on matters including the dividend distribution, ratification of the management board's actions, the appointment of the auditor, and any capital increases. Each share generally grants one vote.
For retail investors, the AGM is mainly relevant for the dividend resolutions. A stock's price typically falls by the dividend amount on the day after the AGM (the ex-dividend date).
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