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by PeterisP 2984 days ago
No, as a random shareholder you're not automatically entitled to all the details.

You are, however, entitled to the following three things:

1) Whatever information they provide has to be actually true to the best of their knowledge; so they can be vague or secretive, but "more than 100 million" has to literally mean that;

2) There's a set of core information that you are entitled to, but it doesn't go into as much detail;

3) Shareholders as a whole are entitled to whatever information they want; they can elect a board that will ensure that as much detail as you want gets publicized. But it's not likely that most shareholders in a public company will consider it a worthwhile decision.

1 comments

Also, material information must be disclosed to all shareholders at the same time.