Treasury Shares means Shares that were previously issued but were purchased, redeemed, surrendered or otherwise acquired by the Company and not cancelled.
Treasury Shares means any share that was acquired and held by the Company, or as treated as having been acquired and held by the Company, which has been held continuously by the Company since it was acquired and which has not been cancelled; and
Treasury Shares means shares of a company that were previously issued but were repurchased, redeemed or otherwise acquired by the company and not cancelled.
Examples of Treasury Shares in a sentence
The Company cannot exercise any right in respect of Treasury Shares.
However, the allotment of Shares as fully paid bonus shares in respect of Treasury Shares is allowed.
The transfer of Treasury Shares may be for valuable consideration or otherwise, and at a discount to the par value of the Shares.
In particular, the Company cannot exercise any right to attend or vote at meetings and for the purposes of the Companies Act, the Company shall be treated as having no right to vote and the Treasury Shares shall be treated as having no voting rights.
No Distribution shall bear interest as against the Company and no distribution shall be paid on Treasury Shares.
More Definitions of Treasury Shares
Treasury Shares means qualifying shares (within the meaning of section 724(2) of the 2006 Act) held by the Company under section 724(3)(a) of the 2006 Act;
Treasury Shares means shares of the Company Common Stock held by the Company or any of its Subsidiaries.
Treasury Shares means shares of a corporation that have been issued, that have been subsequently acquired by and belong to the corporation and that have not been canceled or restored to the status of authorized but unissued shares.
Treasury Shares means Shares that were previously issued but were purchased, redeemed or otherwise acquired by the Company and not cancelled, in accordance with these Articles, the Law and the Applicable Listing Rules; and
Treasury Shares means shares in the capital of the Company held by the Company as treasury shares within the meaning set out in section 724(5) of the Act;
Treasury Shares means Shares to which Sections 724 to 732 of the Companies Act 2006 apply;
Treasury Shares has the meaning set forth in Section 2.1(b)(ii).