Where shareholders vote on a company's key decisions
A shareholders meeting is where holders vote on the company's important matters: electing directors, approving the dividend, changing the articles. Votes follow the number of shares held, and you can vote by post or online without attending. Because the meeting must follow the year-end within a set period, meetings bunch together in countries where most companies share a year-end.
Holding 500 shares in a company with one vote per share gives you 500 votes.
Japan — In Japan each trading unit, usually 100 shares, carries one vote. Most companies close their year in March, so meetings cluster in June.
South Korea — In Korea each share carries one vote (Commercial Act, Article 369). Most listed companies close their year in December, and with the year-end as the record date the meeting must follow within three months, so meetings bunch up at the end of March.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.