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Acquisition of redeemable shares and ordinary shares under s 105

The Law of Companies

Author:
Thomas B Courtney
Publisher:
Bloomsbury Professional
Edition:
Fourth edition
Law Stated At:
30 September 2016
Chapter 10: The Maintenance of Company Capital [A]: Acquisition by a Company of its Own Shares (a) Own share acquisition must be funded by distributable profits (b) Payment of premium on own share acquisition (c) Authorising own share acquisition (d) Cancelling acquired own shares or holding as treasury shares (e) Treasury shares (f) Company’s failure to redeem or purchase (g) Retention of records concerning own share purchase ...

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