CmaBylaw
Executive Bylaws
14-5 Of Module Eleven: Dealing in Securities
Section: Chapter Fourteen: Treasury Shares
-
Tuesday, 14 February 2017
The company may repay the par value of certain shares to the shareholders after getting the approval of the extraordinary general assembly. This value shall be extracted from the company’s undistributed profits and voluntary reserve. The owners of shares redeemed may be granted dividend shares which have the same rights as the ordinary Shares except for recovering the par value upon liquidation of the company.
Related pages - By Law
Related Pages
CmaSideNavigation
In this section

We use cookies to ensure you get the best experience on our website.