Annual Meeting

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Public companies must have an annual meeting that their shareholders can attend to hear from the company executives what's going on at the company. Shareholders vote on who gets elected to the board of directors and any other issues for which a vote is needed. Mostly these are peaceful affairs, but occasionally a shareholder or group of shareholders that are very unhappy with the management of the company ask challenging questions. It's then up to the management to answer them. Unhappy shareholders are usually in a minority, but if enough shareholders are unhappy then the management has to listen, because the unhappy group may have enough votes to actually change the board of directors.