Also known as annual stockholders' meeting or annual meeting of stockholders. The meeting of a company's stockholders held each year by the company to elect its directors, to vote on specific corporate matters that come before it, and, if applicable, to ratify actions of officers and directors that may come before it. The certificate of incorporation ( www.practicallaw.com/9-382-3321) or by-laws ( www.practicallaw.com/8-382-3294) of the company fix a date for such meeting each year.
Public companies that are listed on a national securities exchange are generally required to hold annual stockholders' meetings by the qualitative continued listing standards of the exchange. For more information about annual meetings of public company stockholders, see Practice Notes, Preparing for the Annual Meeting ( www.practicallaw.com/6-502-0047) and Conducting the Annual Meeting ( www.practicallaw.com/3-502-0058) .