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Managing COVID-19: Virtual Annual Shareholder Meetings

March 26, 2020, Covington Alert

Companies incorporated in the United States are required to hold annual shareholder meetings. These meetings have traditionally been held at a physical location, sometimes with the option to participate remotely. In recent years, however, some public companies have adopted virtual-only annual shareholder meetings. Due to growing concerns around the global coronavirus (COVID-19) pandemic, more companies are expected to utilize the virtual-only format for their upcoming annual shareholder meetings. Listed are considerations for public companies contemplating a move to virtual-only annual shareholder meetings.

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