Share Buy Back definition

Share Buy Back means the redemption, repurchase, defeasement, retirement or repayment of any of the Parent’s share capital (including under any transaction pursuant to which shares issued to a third party are taken back into treasury) or the resolving to do so.
Share Buy Back in relation to a trust, means the buy-back of the trust’s own units by the management company of the trustee- manager;
Share Buy Back means the redemption, repurchase, defeasement, retirement or repayment of any of the Borrower’s share capital (including under any transaction pursuant to which shares issued to a third party are taken back into treasury) or the resolving to do so.

Examples of Share Buy Back in a sentence

  • The Directors are of the opinion that the proposed renewal of the Share Buy Back Mandate is in the best interests of the Company.

  • Such Shareholder need not abstain from voting in respect of the resolution authorising the Share Buy Back Mandate.

  • The maximum amount of funds required for such Share Buy Back is the same regardless of whether the Company effects an On-Market Share Buy Back or an Off-Market Equal Access Share Buy Back.

  • Further, amongst others, a Share Buy Back provides the Company with a mechanism to facilitate the return of surplus cash over and above its ordinary capital requirements in an expedient and cost-efficient manner.

  • A Share Buy Back at the appropriate price level is one of the ways through which the return on equity of the Group may be enhanced.

  • The financial effects of a Share Buy Back on the Group and the Company will depend on, inter alia, whether the Shares are purchased or acquired out of profits and/or capital of the Company, the number of Shares purchased or acquired, the price paid for such Shares and whether the Shares purchased or acquired are held in treasury or cancelled.

  • Shareholders should note that purchases or acquisitions of Shares pursuant to the Share Buy Back Mandate via on-market purchases or off-market purchases will only be made when the Directors believe that such purchases or acquisitions would be made in circumstances which would not have a material adverse effect on the financial position of the Company.

  • The Directors do not propose to exercise the Share Buy Back Mandate to such extent that it would materially affect the working capital requirements, financial flexibility or investment ability of the Group.

  • The Company will not effect a Share Buy Back if immediately following the Share Buy Back, the continuing shareholding spread requirement prescribed by the SGX-ST which is in force at the time of the intended Share Buy Back cannot be maintained.

  • A Shareholder whose current shareholding is close to any of the Prescribed Limits and whose shareholding may exceed any such limits by reason of a Share Buy Back is advised to seek the prior approval of the Minister to continue to hold, on such terms as may be imposed by the Minister, the Ordinary Shares which he may hold in excess of any of the Prescribed Limits, as a consequence of a Share Buy Back.


More Definitions of Share Buy Back

Share Buy Back means the purchase or acquisition of Shares by the Company in accordance with the Companies Act;
Share Buy Back means a purchase by the Company of such portion of the Shares as the Seller may determine out of the capital of the Company, undertaken pursuant to section 171ff CA85 in the circumstances contemplated by Clause 4.12;
Share Buy Back means the share buy-back program as set forth in Exhibit E hereto.
Share Buy Back means a buy-back by a company of its own shares in accordance with
Share Buy Back means the buy back of all the issued Deferred Shares by the Company (other than any Deferred Shares held by the Venture Capital Trusts) in accordance with article 6(c) of the Articles;
Share Buy Back an Obligor without the prior written consent of the Security Trustee: (i) effects, or enters or attempts to enter into an agreement to effect, a buy-back of any of its shares other than an employee share scheme buy-back or an odd lot buy-back; (ii) passes a resolution under section 257C or section 257D of the Corporations Law, other than a resolution pursuant to an employee share scheme buy-back, or convenes a meeting to consider such a resolution; or (iii) applies to a court to convene any such meeting or to approve any such resolution or buy-back, and for the purposes of this paragraph words and expressions which are used in this paragraph and which are defined in the Corporations Law have the meanings given to them in the Corporations Law; or

Related to Share Buy Back

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer, director or advisers for services provided to the Company in their capacity as such.

  • Share Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires any Equity Securities of the Company such that, immediately after such transaction or series of related transactions, such Person or group of related Persons holds Equity Securities of the Company representing more than fifty percent (50%) of the outstanding voting power of the Company.

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Common Share Reorganization has the meaning set forth in Section 4.1(a);

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Approved Stock Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which shares of Common Stock and standard options to purchase Common Stock may be issued to any employee, officer or director for services provided to the Company in their capacity as such.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Share Distribution means a dividend payable in shares of any class or series of capital stock, Convertible Securities or other equity securities of the Corporation or any other Person.

  • Units sold means the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as measured by excise taxes collected by the state on packs (or "roll-your-own" tobacco containers) bearing the excise tax stamp of the state. Units sold shall also include the number of individual cigarettes sold in the state by the applicable tobacco product manufacturer (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) during the year in question, as to which the state had power to under federal law, but did not, impose or collect an excise tax. The department of treasury may promulgate such rules as are necessary to ascertain the amount of units sold of such tobacco product manufacturer for each year.

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016 as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

  • Company Shareholder Approval means the approval and adoption of this Agreement and the Transactions (including the Merger) at the Shareholders’ Meeting by the Requisite Company Vote.

  • Parent Shareholder Approval means the approval of (a) the Parent Share Issuance at the Parent Shareholders Meeting by the affirmative vote of a majority of the total votes cast by the holders of Parent Common Stock entitled to vote thereon, (b) the Parent Charter Amendment at the Parent Shareholders Meeting by the affirmative vote of a majority of the shares of Parent Common Stock outstanding and entitled to vote thereon and (c) the Parent Bylaw Amendment at the Parent Shareholders Meeting by the affirmative vote of a majority of the outstanding shares of Parent Common Stock entitled to vote thereon.

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • Common Shares means the common shares in the capital of the Company;

  • Share Purchase has the meaning set out in Section 2.1.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • IPO means the Company’s initial public offering of securities.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Share Exchange Event shall have the meaning specified in Section 14.07(a).

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.