Definition for : Ordinary general meeting of shareholders, OGM
GLOSSARY LETTER
At ordinary general meetings of Shareholders, Shareholders vote on matters requiring a simple majority of voting shares. These include decisions regarding the ordinary course of the company's business: approving the financial statements, payment of dividends, appointment and removal of members of the Board of Directors.
(See Chapter 40 Setting up a company or financing start-ups of the Vernimmen)
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