701 Authority for market purchase
Companies Act 2006 (2006 c 46) | Legislation

Authority for market purchase

701  Authority for market purchase

(1)     A company may only make a market purchase of its own shares if the purchase has first been authorised by a resolution of the company.

(2)     That authority—

(a)     may be general or limited to the purchase of shares of a particular class or description, and

(b)     may be unconditional or subject to conditions.

(3)

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