redeemable shares

  • 1redeemable shares — Under Chapter VII of Part V of the Companies Act 1985, a company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are cancelled. Redemption must normally be from… …

    Law dictionary

  • 2redeemable shares — Shares (either ordinary shares or preference shares) in a company that the issuing company has the right to redeem, under terms specified on issue. Redemption may be funded from distributable profits or from a fresh issue of shares. If the shares …

    Accounting dictionary

  • 3redeemable shares — Shares (either ordinary shares or preference shares) that the issuing company has the right to redeem, under terms specified on issue. Redemption may be funded from distributable profits or from a fresh issue of shares …

    Big dictionary of business and management

  • 4Redeemable — Eligible for redemption under the terms of the indenture. The New York Times Financial Glossary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the …

    Financial and business terms

  • 5redeemable — Eligible for redemption under the terms of an indenture. Bloomberg Financial Dictionary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the …

    Financial and business terms

  • 6redeemable preference shares — The issuing company reserves the right to redeem these preference shares. The shares may, or may not, have a specific redemption date. London Stock Exchange Glossary …

    Financial and business terms

  • 7repurchase of shares — Under Chapter VII of Part V of the Companies Act 1985, a company can repurchase its own shares whether or not they are redeemable. The procedure requires shareholder approval and the appropriate power in the Articles of Association. The price… …

    Law dictionary

  • 8redemption of shares — Under Chapter VII of Part V of the Companies Act 1985, a company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are cancelled. Redemption must normally be from… …

    Law dictionary

  • 9own shares purchase — The purchase or redemption of its own shares by a company; this is permitted subject to certain conditions. For example, in the UK redeemable shares may only be redeemed if they are fully paid. If the redemption or purchase of a company s own… …

    Accounting dictionary

  • 10own shares purchase — The purchase or redemption of its own shares by a company; this is permitted subject to certain legal restrictions. For example, in the UK redeemable shares may only be redeemed if they are fully paid. If the redemption or purchase of a company s …

    Big dictionary of business and management