Board Minutes To Approve Use Of Distributable Profits For Off-Market Share Buyback
Publisher one
Genie AISource file
board_minutes_to_approve_use_of_distributable_profits_for_off-market_share_buyback__template.docxJurisdiction
England and WalesRelevant sectors
Type of legal document
💸 Board minutes: share buybackBusiness activity
Approve off-market buybackA board minutes: share buyback is a legal document that details the purchase of shares by a company from its shareholders. The buyback is usually conducted to reduce the number of shares outstanding, which can increase the value of the remaining shares. The minutes: share buyback must be approved by the board of directors and filed with the Securities and Exchange Commission.
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