141 3.3 Procedures for share buy-back


By the end of this sub unit, you should be able to:

1. Identify and explain circumstance when a company can buy back its own shares.

2. Articulate the procedures a company need to adhered with in buying back its own Shares.



Private companies cannot buy back its own shares, however, public companies may purchase their own shares.


BCS 202/05 Corporate Compliance Management Copyright © 2011 by Wawasan Open University. All Rights Reserved.


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