A review of the company's Articles of Association and any other document that may affect the buyback such as a Shareholders' Agreement.
Directors' and shareholder resolutions to approve the buyback.
A purchase contract drafted in accordance with your instructions.
A Directors' Statement, if appropriate.
Liaising with the Company's auditors/accountants as required.
Filings at Companies House.
Updating company registers, cancelling and issuing share certificates as required.
If the buyback is financed by a fresh issue of shares we will also prepare all necessary documentation to effect the issue.
A limited company can purchase its own shares out of:
- distributable profits;
- the proceeds of a fresh issue of shares; or
- in the case of private companies only, capital (provided that certain requirements are met).
The ability of a company to buyback shares is subject to any restrictions contained in its Articles of Association and/or any Shareholders' Agreement.
Register your interest
Click the 'MAKE ENQUIRY' button to learn more about our Share Buyback Service and to register your interest.