The General Meeting of Shareholders is the maximum corporate body that consists of the shareholders listed in the Share Ledger or their representatives. Each shareholder will have as many votes as it has shares, without any restriction whatsoever.
A General Meeting of Shareholders shall be held every year t in ordinary session to examine the situation of the corporation, to appoint managers and other officers of its choice, to determine the economic guidelines of the corporation, to consider the accounts and balance sheet of the last period, to arrange the distribution of profits, and to agree on the decisions made to ensure compliance with the corporate purpose.
Shareholders may be called to special meetings any time when deemed convenient by the Board of Directors, the President or the Accounts Auditor, or a number of shareholders representing no less than a fourth of the subscribed shares.
Click here to check the Internal Regulations for the General Assembly of Shareholders.
The Conconcreto S. A. Ordinary Shareholders Assembly was held on May 26, 2020, at 9:00 AM , under the mechanism of a virtual meeting. The principal issues presented and/or approved during the meeting were the following.