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单词 own shares purchase
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.

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更新时间:2024/11/15 1:38:22