Share capital

Share capital guidance:

A limited company may buy back its own shares, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share buyback or a purchase...

Practice Note

The allotment of shares and issue of shares is governed by statute and the applicable statutory provisions differ according to the type of company that is proposing the...

Practice Note

The allotment and issue of shares is governed by statutory rules, which differ according to the type of company which is proposing the allotment (private or public,...

Practice Note

With some exceptions, the directors of a company must not exercise any power of the company to allot shares in the company or to grant rights to subscribe for, or convert...

Practice Note

The allotment and issue of shares is governed by statutory rules, which differ according to the type of company which is proposing the allotment (private or public,...

Practice Note

The allotment and issue of shares is governed by statutory rules, which differ according to the type of company which is proposing the allotment (private or public,...

Practice Note

Under the Companies Act 2006 (CA 2006), a company is formed when one or more persons: • subscribe their names to a memorandum of association, and • comply with the...

Practice Note

A limited company may buy back shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share buyback or a purchase...

Practice Note

The allotment of shares is governed by the Companies Act 2006 (CA 2006). The requirements that apply differ according to the type of company that is proposing the...

Practice Note

A limited company may hold, or deal with, shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. Those shares are held...

Practice Note

A limited company may hold, or deal with, shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. Those shares are held in treasury...

Practice Note

It is a fundamental rule of English company law that a limited company having a share capital must maintain that capital. This capital maintenance rule is intended to...

Practice Note

A company having a share capital may have separate classes of shares. As a general rule, a type of share will form a separate class from other shares in a company if the...

Practice Note

These training materials consist of template PowerPoint slides that can be used as the basis of one or more training seminars in relation to the creation and variation of...

Practice Note

It is a fundamental rule of English company law that a limited company having a share capital must maintain that capital. Therefore, a company must not reduce its share...

Practice Note

There are provisions in the Companies Act 2006 (CA 2006) governing how a limited company may reduce its capital. The restrictions in the CA 2006 relating to...

Practice Note