| 释义 |
own shares purchase own shares purchase The purchase or redemption of its own shares by a company; this is permitted subject to certain legal restrictions. For example, in the UK redeemable shares may only be redeemed if they are fully paid. If the redemption or purchase of a company’s own shares would lead to a reduction of its capital, a capital redemption reserve will need to be created. The Companies Act 2006 made it easier for private companies to reduce their capital in this way. See alsopermissible capital payment. |