- buying its own shares
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A company can only buy its own shares by following a procedure contained in Chapter VII of Part V of the Companies Act 1985. Professional advice should be sought.
Easyform Glossary of Law Terms. — UK law terms.
buying its own shares
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buy-back — buyˈ back noun 1. The optional or obligatory buying back by the seller of all or part of what was sold (commerce) 2. The purchasing by a company of its own shares (finance) • • • Main Entry: ↑buy * * * buy back UK US noun [countable] [ … Useful english dictionary
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