What is a Share Buyback?

If your company is considering purchasing its own shares then you will need to consider whether a buyback is permitted under the Companies Act 2006. You will need to produce resolutions, make filings and draft documentation (including a buyback contract). You will also need to involve your auditors if the company intends to purchase shares out of capital.

Our Share Buyback service provides you with all the necessary advice and documentation to effect a share buyback. We provide clear and straightforward guidance, draft all of the required documentation and make the appropriate filings with Companies House.

Click the following link for a summary of the procedure for a company buying back shares out of profits or a fresh issue of shares and for buying back shares out of capital.

If you are considering a buyback of shares then you should also consider the most appropriate way to effect the buy back. We would be happy to advise you in this regard.