Point in time view as at 06/04/2015.
Companies Act 2006, Section 690 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)A limited company having a share capital may purchase its own shares (including any redeemable shares), subject to—
(a)the following provisions of this Chapter, and
(b)any restriction or prohibition in the company's articles.
(2)A limited company may not purchase its own shares if as a result of the purchase there would no longer be any issued shares of the company other than redeemable shares or shares held as treasury shares.
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