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The annual report to shareholders is the principal document used by most
public companies to disclose corporate information to their shareholders. It is
usually a state-of-the-company report, including an opening letter from the
Chief Executive Officer, financial data, results of continuing operations,
market segment information, new product plans, subsidiary activities, and
research and development activities on future programs. The
Form 10-K, which must be filed with the SEC, typically contains more
detailed information about the company’s financial condition than the annual
report.
Reporting companies must send annual
reports to their shareholders when they hold
annual meetings to elect directors.
Companies sometimes elect to send their Form
10-K to their shareholders in lieu of
providing shareholders with an annual
report. Some companies may file their annual
reports electronically in the SEC’s EDGAR
database. You can learn
how to use EDGAR to find annual and
other reports filed by companies. If you
know that a company has filed its annual
report with the SEC, you can enter "ARS" in
the type of form box in EDGAR.
http://www.sec.gov/answers/annrep.htm
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