Redemption of redeemable shares | Practical Law

Redemption of redeemable shares | Practical Law

This note outlines the key issues relating to law on redemption of redeemable shares under the Companies Act 1993. It covers redemption at the option of the company either by pro-rata redemption or selective redemption, redemption at the shareholders' option or on a fixed date and the cancellation of shares redeemed.

Redemption of redeemable shares

Practical Law ANZ Practice Note w-020-3408 (Approx. 8 pages)

Redemption of redeemable shares

by Matthew Berkahn and Lindsay Trotman, Associate Professors of Law, Massey Business School, Massey University with assistance from Practical Law New Zealand
Law stated as at 14 Dec 2022 • New Zealand
This note outlines the key issues relating to law on redemption of redeemable shares under the Companies Act 1993. It covers redemption at the option of the company either by pro-rata redemption or selective redemption, redemption at the shareholders' option or on a fixed date and the cancellation of shares redeemed.