Public limited companies are required to hold an Annual General Meeting, or AGM of shareholders at which decisions are taken on the company's business.
The 'ordinary' business of the AGM is repeated every year and includes accepting the company's accounts for the year and fixing the proportion of a company's profits that will be paid back to shareholders as a dividend. The company directors often take this opportunity to put forward other business requiring the approval of shareholders e.g. renewal of a share plan.
Our Annual General Meeting was held on 29 April 2016.
At the 2016 AGM, we considered a resolution submitted by a group of shareholders supporting the American Federation of Teachers, which appeared as Resolution 19 in the AGM materials.
The text of the resolution, together with a statement from the requisitionists and the response of the Pearson board can be found in the Notice of AGM.
Further information from Pearson in response to Resolution 19