Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Buyback Of Shares Resolution Format In Fairfax
State:
Multi-State
County:
Fairfax
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
The buyback contract must be approved by a resolution of the shareholders. An ordinary resolution will normally suffice, unless the articles require a higher majority, and the company may implement the share buyback at any time after the shareholder resolution approving the buyback contract is passed.
The buyback contract must be approved by a resolution of the shareholders. An ordinary resolution will normally suffice, unless the articles require a higher majority, and the company may implement the share buyback at any time after the shareholder resolution approving the buyback contract is passed.
Resolutions of the board of directors authorizing and approving a reporting company's stock repurchase program. These resolutions are drafted as standard clauses and should be inserted into board minutes or a form of unanimous written consent.
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This resolution shall be known as the Fairfax County Purchasing Resolution. 2024 Purchasing Resolution.Free Sample Resolution to Reacquire and Redeem Outstanding Shares. Customize and download over 70 free corporate resolutions samples. If you submit a proxy in the enclosed form, it will, unless you direct otherwise, be voted FOR the Stated Capital Resolution. This written resolution can be used whether the buyback is being funded out of distributable profits, capital or from the proceeds of a fresh issue of shares. If you are in any doubt as to what you should do, you should seek independent legal, financial, taxation or other professional advice before. This is known as a share buyback or a company purchase of own shares. Farmers in the Murray-Darling Basin of Australia have prospered from an active water market in which more than.