Dividends, Redemptions, and Share Purchases (NJ) | Practical Law

Dividends, Redemptions, and Share Purchases (NJ) | Practical Law

This Practice Note covers the actions necessary for a New Jersey corporation to effect a dividend, redemption, or share purchase (also known as a share buyback or share repurchase). It explains the applicable laws, the resources the corporation may use, and the standard of review that New Jersey courts apply when reviewing a dividend, redemption, or share purchase transaction.

Dividends, Redemptions, and Share Purchases (NJ)

Practical Law Practice Note w-000-1221 (Approx. 19 pages)

Dividends, Redemptions, and Share Purchases (NJ)

by Practical Law Corporate & Securities
Law stated as of 10 Jul 2023New Jersey
This Practice Note covers the actions necessary for a New Jersey corporation to effect a dividend, redemption, or share purchase (also known as a share buyback or share repurchase). It explains the applicable laws, the resources the corporation may use, and the standard of review that New Jersey courts apply when reviewing a dividend, redemption, or share purchase transaction.