Shareholders' Meeting Legal Meaning and Definition

Here is a simplified definition of the legal term Shareholders' Meeting.

Shareholders' Meeting (noun):
A gathering of the owners (shareholders) of a corporation, held once a year (Annual General Meeting) or as needed (Extraordinary General Meeting). In these meetings, they appoint or reappoint the board of directors and auditors, review accounts, and discuss the company's performances. This is the main opportunity for shareholders to interact with management and influence decisions.