Resolution - Authorization for the issuer to buy back shares from a shareholder by mutual agreement

Description

• A company shareholder in the share capital of a issuer may agree with the latter to purchase shares in its own capital by mutual agreement.
• The proposed resolution is suitable for the sale of a single class of shares whose price has already been paid in full by the shareholder to the issuer.
• The resolution for a private sale of shares available on this site meets the needs of most companies.

• For further legal information, please consult ourlegal FAQ.

• In general, any decision concerning a corporation must be subject to a resolution passed by its board of directors.
• Any resolution of the corporation must be kept in its minute book.

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