Treasury Share definition

Treasury Share means a Share held in the name of the Company as a treasury share in accordance with the Statute.

Treasury Share means a Share that was previously issued but was repurchased, redeemed or otherwise acquired by the Company and not cancelled; and

Treasury Share means a share of the Company that was or is treated as having been acquired and held by the Company and has been held continuously by the Company since it was so acquired and has not been cancelled.

Examples of Treasury Share in a sentence

• All rights and obligations attaching to a Treasury Share are suspended and shall not be exercised by the Company while it holds the Share as a Treasury Share, other than as set out in this Article.

• Subject to the Statute, the Directors may, prior to the purchase, redemption or surrender of any Share, resolve that such Share shall be held as a Treasury Share.

• IFRIC 11 – Group and Treasury Share Transactions(effective for financial years beginning on or after 01.03.2007) IFRIC 11 provides instructions about whether the allowance agreements that are dependent on the price of shares, should be recognised in the financial statements as cash payments or as payments with participation titles.

• On 28 August 2013, Bankia’s Board of Directors approved an update to the Treasury Share policy, determining the framework for the control and management of transactions with treasury shares and the related risk.

• The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share.

More Definitions of Treasury Share

Treasury Share means a Share held in the name of the Company as a treasury

Treasury Share has the meaning specified in Section 3.1(a).

Treasury Share means a share which —

Treasury Share means a share of a company that was previously issued but was repurchased, redeemed or otherwise acquired by such company and not cancelled;

Treasury Share means a share held as a treasury share under Article 58A(1);

Treasury Share means Shares that were previously issued but were purchased, redeemed, surrendered or otherwise acquired by the Company and not cancelled.

Treasury Share means a Share held in the name of the Company as a treasury share in accordance with the Statute. “Trust Account” means the trust account established by the Company upon the consummation of its IPO and intowhich a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.