a statement containing information about a corporation, its officers, and any propositions to be voted on, sent to stockholders when their proxies are being solicited for an annual or a special stockholders' meeting
A proxy statement is designed to give a voting shareholder all the information necessary to make an informed decision. It is provided to a shareholder at or before the time they are contacted in a proxy solicitation.
A document sent to shareholders of a company. It contains proposals to be voted upon by shareholders. It also contains useful information about compensation of corporate officers and ownership of stock and stock options by company officers and directors.
Written authorization through which a shareholder allows another person to vote on fund issues according to the shareholder's instructions. To vote on fund issues, a shareholder must either attend the annual meeting or vote by proxy.
The SEC requires that publicly owned companies send out a document that alerts shareholders of the annual meeting, or any other special meetings. The proxy statement also discloses the issues that will be discussed.
Information that the Securities and Exchange Commission (SEC) requires must be provided to shareholders before they vote by proxy on company matters. The statement contains proposed members of the board of directors, inside directorsâ€(tm) salaries and any resolutions of minority stockholders or management.
Material information required by the Securities and Exchange Commission to be given to a corporation's stockholders as a prerequisite to solicitation of votes. It is required for any issuer subject to the provisions of the Securities Exchange Act of 1934.
The document sent to shareholders containing detailed information on any important proposal that will be voted on during a shareholder's meeting. This can include electing candidates to the board of directors. After reading the proxy statement, shareholders then vote by "proxy," which means they send in their vote by mail or attend the meeting to vote their shares in person.