Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of the first stockholder's meeting.
Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of the first stockholder's meeting.
For Q3 2024, Fairfax stock reported net gains on investments totalling over $1.3 billion, driven by solid returns in both bonds and equity markets. Despite broader market volatility, Fairfax's investments generated significant returns. These were complemented by strong premium growth in its insurance businesses.
The first shareholder meeting is an organizational meeting where shareholders ratify and approve the actions of the incorporators. Shareholders also approve shares values, appoint directors and officers if needed, and wrap up other initial tasks.
This surge in revenue is a testament to Fairfax's adaptability and resilience — particularly notable in a market with ongoing economic uncertainties. Fairfax has managed to maintain a solid track record of revenue growth, offering reassurance to investors looking for steady performers in their portfolio.
Major shareholders: Fairfax Financial Holdings Limited NameEquities% Mercier Vanderlinden Asset Management NV 0.9097 % 211,030 0.9097 % Lee, Danner & Bass, Inc. 0.4517 % 104,793 0.4517 % Eric Salsberg 0.3494 % 81,060 0.3494 % Capfi Delen Asset Management NV 0.3094 % 71,769 0.3094 %21 more rows
Fairfax Financial Holdings 13F holdings GOOGL. ALPHABET INC-CL A. 4.14% 274,620. ATS. ATS CORP. 0.15% 56,700. ATHM. AUTOHOME INC-ADR. 0.16% 40,230. BNS. BANK OF NOVA SCOTIA. 1.43% 289,100. BRK.A. BERKSHIRE HATHAWAY INC CL-A. 0.06% ... BB. BLACKBERRY LTD. 11.13% ... CPRI. CAPRI HOLDINGS LTD. 0.78% ... CIGI. COLLIERS INTERNATIONAL GROUP. 0.35%
About Fairfax Financial Fairfax was founded in 1985 by the present Chairman and Chief Executive Officer, Prem Watsa.
An AGM meeting, also known as an 'Annual General Meeting', or simply 'AGM', is an instrumental meeting in which all of the shareholders of an organisation meet and discuss aspects of the company. Several key activities take place, and this is the primary event through which companies engage in the democratic process.
For example, an annual general meeting (AGM) provides an opportunity for the board of directors and shareholders to come together, review the company's performance, and discuss its future direction.